Mo Lefakane Leases Retail Space To Golden Monkey At 145 Borinquen Place In Brooklyn
145 Borinquen Place
$72
$72/SF
Building Size
1,000 SF
Asset Type
Retail
Closing
Mar 9, 2026
AI
The property asset involved in this transaction is a retail space located at 145 Borinquen Place, Brooklyn. The asking rent for the property is set at $72 per square foot, with a total square footage of 1,000. The lease type for this agreement is a Single Net Lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $72/ft
- Square Footage: 1,000
- Address: 145 Borinquen Place
- Market: Brooklyn
- Landlord: Mo Lefakane
- Tenant: Golden Monkey
- Tenant Rep: Will Robbins
- Brokers: Bobby Ortense & Ben Haggard - Meridian Capital Group
The deal showcases the collaboration between the landlord, Mo Lefakane, and the tenant, Golden Monkey, represented by Will Robbins. The brokers overseeing this transaction are Bobby Ortense and Ben Haggard from Meridian Capital Group, facilitating the lease agreement.
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
220319.44%
Cash-on-Cash
-62967.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93