Veterinary Clinic Leases 2,500 SF Mixed-Use Space At 28 Herbert Street Brooklyn
28 Herbert Street
$90
$90/SF
Building Size
2,500 SF
Asset Type
Mixed-use
Closing
Feb 1, 2026
AI
The transaction involves a mixed-use asset located at 28 Herbert Street in Brooklyn. The lease type is a modified gross lease, with the asking rent set at $90 per square foot for a total area of 2,500 square feet.
Summary of transation details:
- Property Type: Mixed-use
- Transaction Amount: $90/ft
- Square Footage: 2,500
- Address: 28 Herbert Street
- Market: Brooklyn
- Landlord: Pinner Development
- Tenant: Veterinary Clinic
- Landlord's Representative: Meyer Dagmy, Mike Sutton & Eddie Mamiye - MOD
- Tenant's Representative: Evan Gasman
The individuals involved in this transaction include the landlord representatives, Meyer Dagmy, Mike Sutton, and Eddie Mamiye from MOD. They represent the interests of Pinner Development in this leasing deal, while Evan Gasman acts on behalf of the Veterinary Clinic as the tenant’s representative.
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
176255.56%
Cash-on-Cash
-50374.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93