Charlotte Kidd Leases Retail Space To Good Talk Brands At 135 Imlay Street In Brooklyn
135 Imlay Street
$48
$48/SF
Building Size
8,250 SF
Asset Type
Retail
Closing
Aug 3, 2025
AI
The property asset involved in this transaction is located at 135 Imlay Street in Brooklyn. It is a retail space comprising 8,250 square feet, with an asking rent of $48 per foot. The lease is structured as a single net lease with a term of 5 years and includes a 5-year option for renewal.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $48/ft
- Address: 135 Imlay Street
- Market: Brooklyn
- Lease Term: 5 Years + 5 Year Option
- Lease Type: Single Net Lease
- Landlord: Charlotte Kidd
- Tenant: Good Talk Brands
- Landlord's Rep: Oded Nachmani - Current Real Estate Advisors
- Tenant's Rep: Michael Segerman & Thomas Mahl - Current Real Estate Advisors
This transaction involved key representatives from Current Real Estate Advisors. Oded Nachmani represented the landlord, Charlotte Kidd, while Michael Segerman and Thomas Mahl represented the tenant, Good Talk Brands.
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
330479.17%
Cash-on-Cash
-94451.96%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93