KGC Pilates Leases 3,000 SF Office Space At 895 Flatbush Avenue For 10 Years
895 Flatbush Avenue
$35
$35/SF
Building Size
3,000 SF
Asset Type
Office
Closing
Sep 14, 2026
About this deal
AI
The property asset involved in the transaction is an office space located at 895 Flatbush Avenue in the Brooklyn market. The lease is set at an asking rent of $35 per square foot for a total space of 3,000 square feet. The lease term is structured for 10 years under a lease type categorized as "Other."
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $105,000
- Address: 895 Flatbush Avenue
- Market: Brooklyn
- Landlord: Isadore & Marc Betesh - Milestone Equities
- Tenant: KGC Pilates
- Brokers: Solomon Betesh, Jonathan Lib & Eddie Keda - Momentum Realty Group
- Lease Term: 10 Years
- Asking Rent: $35/ft
- Square Footage: 3,000
The key individuals associated with this transaction include the landlords, Isadore & Marc Betesh from Milestone Equities, and the tenant, KGC Pilates. The brokerage team that facilitated this lease comprises Solomon Betesh, Jonathan Lib, and Eddie Keda from Momentum Realty Group, responsible for representing both parties in the deal.
Players
Brooklyn Office Market Snapshot
Boundary boundary · Office · 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