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104 Graham Avenue

David Salamon Of Loom Capital Group Leases Retail Space To Ruby Hall Events In Brooklyn
LEASEDRetail

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

Stephen Ligambi

Meridian Capital Group

Broker

31 deals

Broker
Meridian Capital Group
Meridian Capital GroupBrokerage

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