LEASEDMixed-use
Metropolis Parking Signs 20-Year Lease At 815 Kings Highway Brooklyn With Solomon Betesh & Jonathan Lib
815 Kings Highway
$35
$35/SF
Building Size
20,000 SF
Asset Type
Mixed-use
Closing
May 13, 2026
AI
The property involved in this lease transaction is a mixed-use asset located at 815 Kings Highway in Brooklyn. The asking rent for this space is $35 per square foot for a total of 20,000 square feet. The lease term is set for 20 years, structured as a single net lease.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $35/ft
- Square Footage: 20,000
- Lease Term: 20 years
- Lease Type: Single Net Lease
- Tenant: Metropolis Parking
- Brokers: Solomon Betesh & Jonathan Lib - Momentum Realty Group
- Date: 5/14/2026
- Address: 815 Kings Highway
- Market: Brooklyn
The key individuals involved in this transaction are Solomon Betesh and Jonathan Lib, who represent the landlord and are affiliated with Momentum Realty Group. They are available for inquiries regarding office space in Brooklyn.
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
453228.57%
Cash-on-Cash
-129534.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93