Super Fresh Universe Leases Retail Space At 1559 Flatbush Avenue With KSR Brokers
1559 Flatbush Avenue
$90
$90/SF
Building Size
11,000 SF
Asset Type
Retail
Closing
May 4, 2025
AI
The property involved in this transaction is a retail space located at 1559 Flatbush Avenue within the Flatbush market. The asset has an area of 11,000 square feet and was leased at an asking rent of $90 per square foot. The lease type for this property is classified as a Retail Lease.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $990,000
- Lease Type: Retail Lease
- Landlord: Ezra Falack & Eddie Falack
- Tenant: Super Fresh Universe
- Brokers: Solomon Sharaby, Albert Manopla & Jack Khaski - KSR
- Date: 5/5/2025
The key individuals involved in the deal include landlords Ezra Falack and Eddie Falack, who provided the retail space for lease. The tenant, Super Fresh Universe, has committed to occupying the space, while the brokers facilitating this transaction are Solomon Sharaby, Albert Manopla, and Jack Khaski from KSR.
Players
Brooklyn Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
176255.56%
Cash-on-Cash
-50374.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93