David Salamon Of Loom Capital Group Leases Retail Space To Ruby Hall Events In Brooklyn
104 Graham Avenue
$50
$50/SF
Building Size
2,500 SF
Asset Type
Retail
Closing
Jul 31, 2025
AI
The asset involved in this transaction is a retail property located at 104 Graham Avenue in Brooklyn. The lease for this property encompasses a total square footage of 2,500. The asking rent for this space is set at $50 per square foot, and the lease type is classified as a Modified Gross Lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 104 Graham Avenue
- Market: Brooklyn
- Landlord: David Salamon - Loom Capital Group
- Tenant: Ruby Hall Events
- Broker: Stephen Ligambi - Meridian Capital Group
- Asking Rent: $50/ft
- Square Footage: 2,500
- Lease Type: Modified Gross Lease
This lease transaction features key individuals including landlord David Salamon representing Loom Capital Group and tenant Ruby Hall Events. Broker Stephen Ligambi from Meridian Capital Group played an essential role in facilitating this deal.
Players
Brooklyn Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
317260.00%
Cash-on-Cash
-90673.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93