Kevin Wolf Leases Retail Space To Ms Lam Montessori At 125 Fifth Avenue In Brooklyn
125 Fifth Avenue
$80
$80/SF
Building Size
11,500 SF
Asset Type
Retail
Closing
Jul 31, 2025
AI
The property asset involves a retail space located at 125 Fifth Avenue in Brooklyn, with a lease type of Modified Gross Lease. The asking rent is set at $80 per square foot for a total of 11,500 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $80/ft
- Address: 125 Fifth Avenue
- Market: Brooklyn
- Landlord: Kevin Wolf
- Tenant: Ms Lam Montessori
- Landlord's Representative: Neal Ohm - Newmark
- Tenant's Representative: Eddie Mamiye - MOD
In this transaction, Kevin Wolf serves as the landlord for Ms Lam Montessori, who is the tenant. Neal Ohm from Newmark represents the landlord, while Eddie Mamiye from MOD represents the tenant, facilitating the terms of the 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
198287.50%
Cash-on-Cash
-56671.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93