Hayashi Sushi Signs Lease At 219 Grand Street Brooklyn With Landlord Allan Lebovits
219 Grand Street
$120
$120/SF
Building Size
2,000 SF
Asset Type
Mixed-use
Closing
Aug 10, 2025
AI
The property involved in this transaction is a mixed-use asset located at 219 Grand Street in Brooklyn. The asking rent for the property stands at $120 per square foot, with a total square footage of 2,000. The lease type is classified as a Single Net Lease.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $240,000
- Landlord: Allan Lebovits
- Tenant: Hayashi Sushi
- Date of transaction: 8/11/2025
- Brokers involved: Eddie Mamiye, Isaac Bijou & Meyer Dagmy - MOD
The key individuals and companies involved in the lease transaction include the landlord Allan Lebovits and tenant Hayashi Sushi, with the representation by brokers Eddie Mamiye, Isaac Bijou, and Meyer Dagmy from MOD facilitating the deal.
Players
Brooklyn Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Lease transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
132191.67%
Cash-on-Cash
-37780.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93