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
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