LEASEDMixed-use
Harry Lipsitz Leases Mixed-Use Space At 202 7th Avenue To Park Slope Wellness For $100/ft
202 7th Avenue
$100
$100/SF
Building Size
1,500 SF
Asset Type
Mixed-use
Closing
Aug 4, 2026
About this deal
AI
The property at 202 7th Avenue is categorized as mixed-use, with a lease type of Modified Gross Lease. The asking rent is set at $100 per square foot for a total space of 1,500 square feet. Located in Brooklyn, this lease reflects the dynamics of the local market.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $150,000
- Address: 202 7th Avenue
- Market: Brooklyn
- Landlord: Harry Lipsitz
- Tenant: Park Slope Wellness
- Landlord's Representative: Fredy Halabi - Tri State Commercial Realty
- Tenant's Representative: Isaac Bijou - MOD
Key representatives involved in the negotiations were Fredy Halabi representing the landlord and Isaac Bijou representing the tenant. The roles played by these representatives were crucial in facilitating the lease agreement between the parties involved.
On the Map
$100
$100/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
158630.00%
Cash-on-Cash
-45336.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93