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202 7th Avenue

Harry Lipsitz Leases Mixed-Use Space At 202 7th Avenue To Park Slope Wellness For $100/ft
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

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:

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.

Players

Isaac Bijou

MOD

Broker

$1.4M

vol

41 deals

Broker

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