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168 Roebling Street

Edwin Castellar Landlord Art 101 Lease At 168 Roebling Street Brooklyn
LEASEDRetail

Edwin Castellar Landlord Art 101 Lease At 168 Roebling Street Brooklyn

168 Roebling Street

$105

$105/SF

Building Size

1,000 SF

Asset Type

Retail

Closing

Jul 17, 2025

AI

Retail space located at 168 Roebling Street in Brooklyn is leased under a Modified Gross arrangement to Art 101. The listing reflects $105 per square foot for a 1,000-square-foot area in the Brooklyn market.

Summary of transation details:

  • Property Type: Retail
  • Transaction Amount: $105/ft²; 1,000 SF
  • Address: 168 Roebling Street
  • Market: Brooklyn
  • Landlord: Edwin Castellar
  • Tenant: Art 101
  • Landlord's Rep: Thony Revelo - NY Realty Minimax
  • Tenant's Rep: Stephen Ligambi & Kevin Bisconti - Meridian Capital Group
  • Date: 7/18/2025
  • Lease Type: Modified Gross Lease

The landlord is represented by Edwin Castellar, with Thony Revelo of NY Realty Minimax acting as landlord’s representative. The tenant, Art 101, is advised by Stephen Ligambi and Kevin Bisconti of Meridian Capital Group. The transaction took place on 7/18/2025.

Players

Kevin Bisconti

Meridian Capital Group

Broker

48 deals

Broker
Meridian Capital Group
Meridian Capital GroupBrokerage

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

151076.19%

Cash-on-Cash

-43178.04%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93