Maverick Management Leases Retail Space To Juici Patties At 1100 Eastern Parkway
1100 Eastern Parkway
$90
$90/SF
Building Size
1,750 SF
Asset Type
Retail
Closing
Sep 30, 2025
AI
The property asset involved in the transaction is a retail space located at 1100 Eastern Parkway in Crown Heights. The total square footage of the lease is 1,750, with an asking rent of $90 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $90/ft
- Address: 1100 Eastern Parkway
- Market: Crown Heights
- Landlord: Maverick Management
- Tenant: Juici Patties
- Landlord's Rep: Solomon Sharaby & Ezra Falack - KSR
- Tenant's Rep: Sean Young - Sabre Real Estate Group
- Lease Type: Retail Lease
The lease was facilitated by Solomon Sharaby and Ezra Falack, who represented the landlord, Maverick Management. Sean Young represented the tenant, Juici Patties, ensuring the successful execution of the retail lease agreement.
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
176255.56%
Cash-on-Cash
-50374.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93