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1309 Fulton Street

Jem Realty Leases Retail Space To Fulton Bakery At 1309 Fulton Street In Bed-Stuy
LEASEDRetail

Jem Realty Leases Retail Space To Fulton Bakery At 1309 Fulton Street In Bed-Stuy

1309 Fulton Street

$90

$90/SF

Building Size

1,500 SF

Asset Type

Retail

Closing

Feb 28, 2026

AI

The property asset involved in this lease transaction is a retail space located at 1309 Fulton Street in the Bed-Stuy market. The asset has an asking rent of $90 per square foot and spans 1,500 square feet.

Summary of transaction details:

This lease transaction features Jem Realty as the landlord, represented by Solomon Sharaby, Ori Melloul, and Isaac Matalon from KSR. Fulton Bakery is the tenant in this agreement, represented by Solomon Betesh of Momentum Realty Group and Jonathan Lib from Marquis Real Estate.

Players

Solomon Sharaby

Kassin Sabbagh Realty

Broker

$3M

vol

101 deals

Broker
JR
Jem RealtyLandlord

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

176255.56%

Cash-on-Cash

-50374.38%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93