Aretz Inc Leases Mixed-Use Space To Fulton St Cannabis At 858 Fulton Street In Brooklyn
858 Fulton Street
$125
$125/SF
Building Size
2,500 SF
Asset Type
Mixed-use
Closing
Mar 15, 2026
AI
The mixed-use property located at 858 Fulton Street in Brooklyn features a lease with an asking rent of $125 per square foot for a total of 2,500 square feet. The deal involves a single net lease agreement between the landlord, Aretz Inc, and the tenant, Fulton St Cannabis.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $125/ft
- Square Footage: 2,500
- Address: 858 Fulton Street
- Market: Brooklyn
- Landlord: Aretz Inc
- Tenant: Fulton St Cannabis
- Lease Type: Single Net Lease
- Brokers: Isaac Bijou, Meyer Dagmy & Eddie Mamiye - MOD
Key individuals involved in this lease transaction include brokers Isaac Bijou, Meyer Dagmy, and Eddie Mamiye, who represent the landlord in this deal, facilitating the agreement between Aretz Inc and Fulton St Cannabis.
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
126904.00%
Cash-on-Cash
-36269.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93