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858 Fulton Street

Aretz Inc Leases Mixed-Use Space To Fulton St Cannabis At 858 Fulton Street In Brooklyn
LEASEDMixed-use

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

Isaac Bijou

MOD

Broker

$1.4M

vol

39 deals

Broker
Meyer Dagmy
Verified Badge

Meyer Dagmy

MOD

Broker

$5.5M

vol

90 deals

Broker

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