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1908 Flatbush Avenue

Henry Zupnick Leases Retail Space To The Music Institute At 1908 Flatbush Avenue
LEASEDRetail

Henry Zupnick Leases Retail Space To The Music Institute At 1908 Flatbush Avenue

1908 Flatbush Avenue

$60

$60/SF

Building Size

1,000 SF

Asset Type

Retail

Closing

Jan 31, 2026

AI

The leased property is located at 1908 Flatbush Avenue in Brooklyn, featuring a retail asset type. The asking rent for the space is $60 per square foot, encompassing a total area of 1,000 square feet. This transaction involves a Single Net Lease agreement.

Summary of transation details:

  • Property Type: Retail
  • Transaction Amount: $60/ft
  • Address: 1908 Flatbush Avenue
  • Market: Brooklyn
  • Landlord: Henry Zupnick
  • Tenant: The Music Institute
  • Brokers: Joaquin Carrillo & Aaron Harounian - Meridian Capital Group
  • Lease Type: Single Net Lease

The brokers managing this transaction are Joaquin Carrillo and Aaron Harounian, representing Meridian Capital Group in facilitating the lease agreement between the landlord, Henry Zupnick, and the tenant, The Music Institute.

Players

Aaron Harounian

Meridian Capital Group

Broker

5 deals

Broker
N
N/ALandlord

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

264383.33%

Cash-on-Cash

-75561.57%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93