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555 Broadway

555 Broadway Organic Market Signs Lease At 555 Broadway Brooklyn With Joyland Management
LEASEDMixed-use

555 Broadway Organic Market Signs Lease At 555 Broadway Brooklyn With Joyland Management

555 Broadway

$80

$80/SF

Building Size

2,500 SF

Asset Type

Mixed-use

Closing

Dec 21, 2025

AI

The property asset involved in this transaction is a mixed-use space located at 555 Broadway in Brooklyn. The asking rent for this asset is $80 per square foot, encompassing a total area of 2,500 square feet. The landlords of the property are Joyland Management, and the tenant entering into the lease is 555 Broadway Organic Market.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $80/ft
  • Square Footage: 2,500
  • Address: 555 Broadway
  • Market: Brooklyn
  • Landlord: Joyland Management
  • Tenant: 555 Broadway Organic Market
  • Lease Type: Modified Gross Lease
  • Brokers: Isaac Bijou, Meyer Dagmy & Eddie Mamiye - MOD

The deal features representation from brokers Isaac Bijou, Meyer Dagmy, and Eddie Mamiye, who are affiliated with MOD. Their involvement highlights the collaborative effort in securing the leasing arrangement between Joyland Management and 555 Broadway Organic Market.

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

198287.50%

Cash-on-Cash

-56671.18%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93