Sasha Mehydyzadeh Leases Retail Space To Honey Cosmetics At 1175 Fulton Street For $156/ft
1175 Fulton Street
$156
$156/SF
Building Size
500 SF
Asset Type
Retail
Closing
Aug 11, 2026
About this deal
AI
The retail asset located at 1175 Fulton Street in the Bed-Stuy market has been leased to Honey Cosmetics. The lease, covering a space of 500 square feet, is set at an asking rent of $156 per square foot. The lease term spans over 7 years and falls under a modified gross lease type.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $156/ft
- Lease Term: 7 years
- Lease Type: Modified Gross Lease
- Landlord: Sasha Mehydyzadeh
- Tenant: Honey Cosmetics
- Broker: Fredy Bagdadi - Tri State Commercial Realty
Fredy Bagdadi represented the interests of the landlord, Sasha Mehydyzadeh, in this transaction. The lease formalizes the commitment between the landlord and tenant within the specified terms of the agreement.
On the Map
$156
$156/SF
Retail
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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
101685.90%
Cash-on-Cash
-29062.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93