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203 Sutter Avenue

Mendy Lipshitz Leases Retail Space To Sutter Preschool At 203 Sutter Avenue In Brownsville
LEASEDRetail

Mendy Lipshitz Leases Retail Space To Sutter Preschool At 203 Sutter Avenue In Brownsville

203 Sutter Avenue

$50

$50/SF

Building Size

5,000 SF

Asset Type

Retail

Closing

Mar 24, 2026

AI

A retail asset located at 203 Sutter Avenue in Brownsville has been leased. The leasing terms include a single net lease with a total square footage of 5,000. The asking rent was set at $50 per foot.

Summary of transaction details:

The deal was facilitated by brokers Eli Yadid, Jordan Soleimani, David Green, and Albert Salameh, representing the landlord and tenant in this transaction, bringing their expertise to the leasing process.

Players

David Green

Kassin Sabbagh Realty

Broker

$447M

vol

176 deals

Broker

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

317260.00%

Cash-on-Cash

-90673.88%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93