Fulton Hardware Signs 10-Year Lease At 1126 Fulton Street Brooklyn With Sharp Management
1126 Fulton Street
$80
$80/SF
Building Size
1,200 SF
Asset Type
Retail
Closing
Sep 17, 2026
About this deal
AI
The retail asset located at 1126 Fulton Street in Brooklyn comprises 1,200 square feet and has an asking rent of $80 per square foot. The lease term agreed upon is 10 years under a modified gross lease structure.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $80/ft
- Lease Term: 10 Years
- Landlord: Sharp Management
- Tenant: Fulton Hardware
- Landlord's Representative: Moshe Akiva - Momentum Realty Group
- Tenant's Representative: Victor Safenia - Momentum Realty Group
Key individuals involved in this transaction include Moshe Akiva and Victor Safenia, both representing different sides in this deal, facilitating the transaction between Sharp Management and Fulton Hardware while being affiliated with Momentum Realty Group.
On the Map
$80
$80/SF
Retail
View full map
Players
Brooklyn Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Deal FAQ
Visit Moshe Akiva to view all their deals.
Browse Brooklyn retail leases on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
198287.50%
Cash-on-Cash
-56671.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93