Hab Tawil Leases Retail Space To Japanese Market 143 Inc. At 143 Court Street In Brooklyn
143 Court Street
$240
$240/SF
Building Size
1,000 SF
Asset Type
Retail
Closing
Sep 8, 2025
AI
The property asset involved in this transaction is a retail space located at 143 Court Street in Brooklyn. The tenant for this space is Japanese Market 143 Inc., which has entered into a modified gross lease with a term of 5 years. The asking rent for this 1,000 square foot space is $240 per foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $240/ft
- Lease Term: 5 Years
- Lease Type: Modified Gross Lease
- Landlord: Hab Tawil
- Tenant: Japanese Market 143 Inc.
- Brokers: Sherry Chera & Joey Sakkal - Tri State Commercial Realty
Sherry Chera and Joey Sakkal represented the landlord in this transaction, facilitating the lease agreement between Hab Tawil and Japanese Market 143 Inc. Their role as brokers was instrumental in completing this deal successfully within the Brooklyn market.
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
66095.83%
Cash-on-Cash
-18890.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93