Honey Nails Leases Mixed-use Space At 340 Nevins Street In Brooklyn For $85/ft
340 Nevins Street
$85
$85/SF
Building Size
1,500 SF
Asset Type
Mixed-use
Closing
Dec 8, 2025
AI
The property involved in this lease transaction is a mixed-use asset located at 340 Nevins Street in Brooklyn. The asking rent for the space is set at $85 per square foot for a total area of 1,500 square feet. The lease type agreed upon is a Modified Gross Lease.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $85/ft
- Square Footage: 1,500
- Landlord: Tavros Capital
- Tenant: Honey Nails
- Landlord's Representative: Roberto G. Rhett & Madeleine Naro - Good Space NYC
- Tenant's Representative: Eddie Mamiye - MOD
- Lease Date: 12/9/2025
This transaction highlights the involvement of several key individuals and their respective agencies. Roberto G. Rhett and Madeleine Naro, representing Tavros Capital, facilitated the deal while Eddie Mamiye represented Honey Nails throughout the leasing process.
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
186623.53%
Cash-on-Cash
-53337.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93