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
About this deal
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:
- Property Type: Lease
- Transaction Amount: $102,200
- Address: 2700 Church Avenue
- Market: Brooklyn
- Asset Type: Mixed-use
- Landlord: Triple C Builders
- Tenant: Avenue Law Firm
- Brokers: Murray Mizrachi, Josh Augenbaum & Chaim Zagelbaum - Augenbaum Realty
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.
On the Map
$70
$70/SF
Mixed-use
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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
226614.29%
Cash-on-Cash
-64767.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93