Steve Hurwitz Leases Mixed-Use Space To Esti's At 2263 Nostrand Avenue Brooklyn For $65/ft
2263 Nostrand Avenue
$65
$65/SF
Building Size
8,000 SF
Asset Type
Mixed-use
Closing
Sep 10, 2026
About this deal
AI
The property asset involved is a mixed-use lease located at 2263 Nostrand Avenue in Brooklyn. The space encompasses a total of 8,000 square feet and the asking rent is set at $65 per square foot. The lease type is a Modified Gross Lease.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $65/ft
- Lease Size: 8,000 SF
- Address: 2263 Nostrand Avenue
- Market: Brooklyn
- Landlord: Steve Hurwitz
- Tenant: Esti's
- Landlord's Representative: Eddie Mamiye, Isaac Bijou & Meyer Dagmy - MOD
- Tenant's Representative: Avi Akiva, Jonathan Lib & Solomon Betesh - Momentum Realty Group
- NOTE: Additional 2,800 SF Corner Space Available
Key individuals involved in this lease transaction include Steve Hurwitz as the landlord, with representation by Eddie Mamiye, Isaac Bijou, and Meyer Dagmy from MOD. The tenant, Esti's, is represented by Avi Akiva, Jonathan Lib, and Solomon Betesh from Momentum Realty Group.
Players
Brooklyn Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Lease transactions
Loading comparables…
Deal FAQ
Visit Eddie Mamiye to view all their deals.
Browse Brooklyn mixed use leases on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
244046.15%
Cash-on-Cash
-69749.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93