Gil Shenhav & Roy Girtz Lease Retail Space At 1421 Nostrand Avenue To Bucknell Pharmacy
1421 Nostrand Avenue
$50
$50/SF
Building Size
4,000 SF
Asset Type
Retail
Closing
Jul 31, 2026
AI
The property located at 1421 Nostrand Avenue in Brooklyn is a retail asset featuring a lease agreement with Bucknell Pharmacy. The asking rent for this location is set at $50 per square foot for a total area of 4,000 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $200,000
- Date: 07/31/2026
- Landlord: Gil Shenhav & Roy Girtz
- Tenant: Bucknell Pharmacy
- Brokers: Murray Mizrachi & Josh Augenbaum - Augenbaum Realty
Murray Mizrachi and Josh Augenbaum of Augenbaum Realty represented the landlords Gil Shenhav and Roy Girtz in this leasing transaction. The lease type is classified specifically as a Retail Lease, emphasizing the nature of the tenant's operations at this location.
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
317260.00%
Cash-on-Cash
-90673.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93