Mosholu Montefiore Community Center Leases 9,000 SF Mixed-Use Space In Brooklyn For $35/ft
224 26th Street
$26,250
$26,250/SF
Building Size
9,000 SF
Asset Type
Mixed-use
Closing
Jul 8, 2026
AI
The property involved in this transaction is located at 2-24 26th Avenue - Space A in Brooklyn. It is a mixed-use asset with a total square footage of 9,000. The asking rent for the space is set at $35 per foot, and the lease type is classified as a Modified Gross Lease.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: Not specified
- Address: 2-24 26th Avenue - Space A
- Market: Brooklyn
- Landlord: Yitzchok Katz
- Tenant: Mosholu Montefiore Community Center
- Brokers: Richard Babeck - Tri State Commercial Realty, Eli Yadid & Rafael Benor - KSR
This transaction features key representatives, with Richard Babeck representing Tri State Commercial Realty and Eli Yadid and Rafael Benor from KSR facilitating the deal. The lease agreement is between the landlord, Yitzchok Katz, and the tenant, Mosholu Montefiore Community Center, indicating a partnership in the mixed-use space.
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
604.30%
Cash-on-Cash
-172.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93