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
Brooklyn Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Lease transactions
Loading comparables…
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