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143 Court Street

Hab Tawil Leases Retail Space To Japanese Market 143 Inc. At 143 Court Street In Brooklyn
LEASEDRetail

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

Sherry Chera

Tri State Commercial Realty

Broker

8 deals

Broker
Tri State Commercial Realty
Tri State Commercial RealtyBrokerage

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