Smart Management Leases Retail Space To Salad & Bread At 132 Havemeyer Street Brooklyn
132 Havemeyer Street
$75
$75/SF
Building Size
1,800 SF
Asset Type
Retail
Closing
Feb 15, 2026
AI
The property asset involved in this transaction is a retail space located at 132 Havemeyer Street, situated in the Brooklyn market. The leased space encompasses 1,800 square feet and is subject to an asking rent of $75 per square foot. The lease agreement is a Modified Gross Lease with a term set for 10 years.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $135,000
- Landlord: Smart Management
- Tenant: Salad & Bread
- Brokers: Moshe Akiva & Youri Jean Pierre - Momentum Realty Group
The key individuals involved in this deal include brokers Moshe Akiva and Youri Jean Pierre, who represent the transaction through Momentum Realty Group. They facilitated the agreement between the landlord and tenant, ensuring that both parties’ interests were addressed throughout the negotiation process.
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
211506.67%
Cash-on-Cash
-60449.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93