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656 Vanderbilt Street

Updated Mar 28, 2025

Prospect Yoga Leases 2000 Square Feet At 656 Vanderbilt Street In Brooklyn From Aretz Realty
LEASEDMixed-use

Prospect Yoga Leases 2000 Square Feet At 656 Vanderbilt Street In Brooklyn From Aretz Realty

656 Vanderbilt Street

$90

$90/SF

Building Size

2,000 SF

Asset Type

Mixed-use

Closing

Mar 24, 2025

About this deal

AI

The property asset involved in the transaction is a mixed-use space, located at 656 Vanderbilt Street in Brooklyn. It comprises 2,000 square feet and is leased to Prospect Yoga at a rent rate of $90 per square foot.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: Not specified
  • Tenant: Prospect Yoga
  • Landlord: Aretz Realty
  • Lease Date: 03/24/2025

This transaction is represented by Aretz Realty as the landlord in the leasing deal with Prospect Yoga as the tenant.

The mixed use lease at 656 Vanderbilt Street in Brooklyn, New York leased for $90 in 2025. The building is 2,000 square feet, implying about 90 per square foot on the published price. Eddie Mamiye, Isaac Bijou, Meyer Dagmy, MOD appear on the lease alongside MOD. This page is the Brooklyn, New York file for the 656 Vanderbilt Street mixed use leased: pricing, party profiles, and other closed mixed use comps from the same Brooklyn sit in the Market section below. Filter that Brooklyn mixed use set by closing date to see what else leased near 656 Vanderbilt Street around 2025. Published consideration for 656 Vanderbilt Street is $90, dated 2025. Cite this Prospect Yoga Leases 2000 Square Feet At 656 Vanderbilt Street In Brooklyn From Aretz Realty lease when underwriting similar mixed use product around Brooklyn, New York.

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$90

$90/SF

Mixed-use

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Players

Isaac Bijou

MOD

Broker

$1.4M

vol

44 deals

Broker
Meyer Dagmy
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Meyer Dagmy

MOD

Broker

$5.5M

vol

98 deals

Broker
Aretz Inc
Aretz IncLandlord
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Brooklyn Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Lease transactions

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Deal FAQ

About $90 per square foot on a published $90 for 2,000 square feet (2025).

Visit Eddie Mamiye to view all their deals.

Browse Brooklyn mixed use leases on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

176255.56%

Cash-on-Cash

-50374.38%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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