Sutter Market Leases Retail Space at 203 Sutter Avenue, Brownsville
203 Sutter Avenue
$70
$70/SF
Building Size
1,288 SF
Asset Type
Retail
Closing
May 14, 2025
AI
The transaction involves a 1,288-square-foot retail property at 203 Sutter Avenue in Brownsville, offered at an asking rent of $70 per square foot.
Summary of transaction details:
- Property Type: Retail Lease
- Transaction Amount: $70/ft
- Address: 203 Sutter Avenue
- Market: Brownsville
- Tenant: Sutter Market
- Square Footage: 1,288
- Broker Representatives: Jordan Soleimani, Royee Zarum & Eli Yadid - KSR
- Lease Type: Retail Lease
The brokers representing the deal are Jordan Soleimani and Royee Zarum, along with Eli Yadid from KSR. Additionally, there is 4,145 square feet of available space referred to as Space B, which is open for lease inquiries directed to Jordan Soleimani and Royee Zarum.
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
226614.29%
Cash-on-Cash
-64767.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93