Franklin Omakese Leases Mixed-Use Space At 785 Franklin Avenue With Landlord Eden Ashourzadeh
785 Franklin Avenue
$100
$100/SF
Building Size
1,000 SF
Asset Type
Mixed-use
Closing
Aug 9, 2026
About this deal
AI
The property asset involved in this transaction is a mixed-use building located at 785 Franklin Avenue in Brooklyn. The asking rent for this property is set at $100 per square foot, with a total area of 1,000 square feet. This transaction is under a modified gross lease type.
Summary of transation details:
- Property Type: Mixed-use
- Transaction Amount: $100/ft
- Square Footage: 1,000
- Address: 785 Franklin Avenue
- Market: Brooklyn
- Landlord: Eden Ashourzadeh
- Tenant: Franklin Omakese
- Brokers: Eddie Mamiye & Meyer Dagmy - MOD
- Lease Type: Modified Gross Lease
The key individuals involved in this transaction include landlord Eden Ashourzadeh and tenant Franklin Omakese. The brokers representing the transaction are Eddie Mamiye and Meyer Dagmy from MOD, who facilitated the leasing agreement between the parties involved.
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
158630.00%
Cash-on-Cash
-45336.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93