Avery Hall And Ralph Gindi Of Gindi Capital Lease Retail Space To Study In Color For $150/ft
204 4th Avenue
Building Size
1,565 SF
Asset Type
Retail
Closing
Oct 28, 2026
About this deal
AI
The retail lease located at 204 4th Avenue in the Gowanus market involves a rental asking price of $150 per square foot for a total area of 1,565 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $150/ft
- Square Footage: 1,565
- Address: 204 4th Avenue
- Market: Gowanus
- Landlord: Avery Hall & Ralph Gindi - Gindi Capital
- Tenant: Study in Color
- Brokers: Darren Kassin, Jack Hamadani, Freddy Souid & Sam Sabin - KSR
The transaction includes representatives from KSR, with brokers Darren Kassin, Jack Hamadani, Freddy Souid, and Sam Sabin facilitating the lease. The landlords, Avery Hall and Ralph Gindi, represent Gindi Capital in this agreement. Note that there are two remaining spaces available at this address.
On the Map
Retail
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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
105753.33%
Cash-on-Cash
-30224.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93