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125 Fifth Avenue

Kevin Wolf Leases Retail Space To Ms Lam Montessori At 125 Fifth Avenue In Brooklyn
LEASEDRetail

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

Eddie Mamiye

Broker

$1.4M

vol

46 deals

Broker
Newmark
NewmarkBrokerage

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