Kendyl Kollection Salon Leases Mixed-Use Space At 152 Patchen Avenue For $50/ft
152 Patchen Avenue
$50
$50/SF
Building Size
1,200 SF
Asset Type
Mixed-use
Closing
Sep 2, 2026
About this deal
AI
This mixed-use asset is located at 152 Patchen Avenue in the Brooklyn market. The landlord, Klosed Properties, has leased the space to Kendyl Kollection Salon. The asking rent for the property is set at $50 per square foot for a total of 1,200 square feet. The lease type is a Modified Gross Lease.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $60,000
- Landlord: Klosed Properties
- Tenant: Kendyl Kollection Salon
- Broker: Meyer Dagmy - MOD
- Lease Type: Modified Gross Lease
Meyer Dagmy represented the landlord Klosed Properties in this transaction. The deal occurred on September 2, 2026, reaffirming the active engagement of MOD in the Brooklyn market.
On the Map
$50
$50/SF
Mixed-use
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Players
Brooklyn Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
317260.00%
Cash-on-Cash
-90673.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93