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2700 Church Avenue

Avenue Law Firm Leases Mixed-use Space At 2700 Church Avenue Brooklyn For $70/ft
LEASEDMixed-use

Avenue Law Firm Leases Mixed-use Space At 2700 Church Avenue Brooklyn For $70/ft

2700 Church Avenue

$70

$70/SF

Building Size

1,460 SF

Asset Type

Mixed-use

Closing

Oct 1, 2025

AI

The mixed-use property located at 2700 Church Avenue in Brooklyn has a lease agreement with Avenue Law Firm. The lease type is a Modified Gross Lease, and the property comprises a total of 1,460 square feet with an asking rent of $70 per square foot.

Summary of transaction details:

The transaction involved notable brokers from Augenbaum Realty, specifically Murray Mizrachi, Josh Augenbaum, and Chaim Zagelbaum. They act as representatives for the landlord and facilitated the lease agreement for the tenant, Avenue Law Firm. The brokers also mention multiple spaces still available for lease, encouraging potential inquiries for additional information.

Players

Josh Augenbaum

Augenbaum Realty

Broker

$652.8M

vol

140 deals

Broker
Augenbaum Realty
Augenbaum RealtyBrokerage

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

226614.29%

Cash-on-Cash

-64767.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93