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105 North 13th Street

Rooftop Cinema Club Signs 10 Year Lease At 105 North 13th Street Brooklyn With Simon Dushinsky
LEASEDRetail

Rooftop Cinema Club Signs 10 Year Lease At 105 North 13th Street Brooklyn With Simon Dushinsky

105 North 13th Street

$40

$40/SF

Building Size

10,000 SF

Asset Type

Retail

Closing

Oct 31, 2025

AI

The property asset involved in this transaction is a retail space located at 105 North 13th Street in Brooklyn. The asking rent for the space is $40 per square foot, covering a significant area of 10,000 square feet. The lease term is set for 10 years under a modified gross lease structure.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $40/ft
  • Lease Term: 10 Years
  • Lease Type: Modified Gross Lease
  • Landlord: Simon Dushinsky
  • Tenant: Rooftop Cinema Club
  • Landlord's Representative: Richard Babeck - Tri State Commercial Realty

This deal highlights the involvement of Simon Dushinsky as the landlord and Rooftop Cinema Club as the tenant, with Richard Babeck of Tri State Commercial Realty representing the landlord in this transaction. The lease agreement reflects a commitment to a long-term partnership in a vibrant market.

Players

Richard Babeck

Tri State Commercial Realty

Broker

$3.5M

vol

20 deals

Broker
Tri State Commercial Realty
Tri State Commercial RealtyBrokerage
Simon Dushinsky

Simon Dushinsky

Landlord

$1.6B

vol

18 deals

Landlord

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

396575.00%

Cash-on-Cash

-113342.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93