La Milagrosa Salsamenteria Signs Lease At 112 Harrison Place Brooklyn For $70 Per Ft
112 Harrison Place
$70
$70/SF
Building Size
1,500 SF
Asset Type
Retail
Closing
May 4, 2026
AI
The property involved in this transaction is a retail asset located at 112 Harrison Place, Brooklyn. It features a lease type categorized as a Single Net Lease, with an asking rent of $70 per square foot for 1,500 square feet of space.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $105,000
- Landlord: Sammy Zamir
- Tenant: La Milagrosa Salsamenteria
- Landlord's Representative: Jack Dagmy, Meyer Dagmy & Eddie Mamiye - MOD
- Tenant's Representative: Joaquin Carrillo - Meridian Capital Group
- Lease Date: 5/5/2026
This transaction highlights the involvement of key representatives in the deal. The landlord's interests were represented by Jack Dagmy, Meyer Dagmy, and Eddie Mamiye from MOD, while the tenant was represented by Joaquin Carrillo from Meridian Capital Group.
Players
Brooklyn Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
226614.29%
Cash-on-Cash
-64767.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93