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451 Rogers Avenue

Ram Chan Leases Mixed-Use Space To Organic Market At 451 Rogers Avenue Brooklyn For $75/ft
LEASEDMixed-use

Ram Chan Leases Mixed-Use Space To Organic Market At 451 Rogers Avenue Brooklyn For $75/ft

451 Rogers Avenue

$75

$75/SF

Building Size

1,500 SF

Asset Type

Mixed-use

Closing

Dec 3, 2025

AI

The mixed-use property located at 451 Rogers Avenue in Brooklyn encompasses a lease transaction. The asking rent for this asset is set at $75 per square foot for a total area of 1,500 square feet. The lease type established for this agreement is a Modified Gross Lease.

Summary of transation details:

  • Property Type: Mixed-use
  • Transaction Amount: $112,500
  • Landlord: Ram Chan
  • Tenant: Organic Market
  • Broker Representatives: Isaac Bijou & Meyer Dagmy - MOD
  • Lease Date: 12/4/2025

Isaac Bijou and Meyer Dagmy acted as the broker representatives for this transaction from MOD, facilitating the lease agreement between the landlord and tenant parties involved in this deal.

Players

Isaac Bijou

MOD

Broker

$1.4M

vol

39 deals

Broker
Meyer Dagmy
Verified Badge

Meyer Dagmy

MOD

Broker

$5.5M

vol

90 deals

Broker

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

211506.67%

Cash-on-Cash

-60449.25%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93