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203 Sutter Avenue

Sutter Market Leases Retail Space at 203 Sutter Avenue, Brownsville
LEASEDRetail

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

Eli Yadid

Kassin Sabbagh Realty

Broker

$16M

vol

38 deals

Broker
Kassin Sabbagh Realty
Kassin Sabbagh RealtyBrokerage

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