Ms Bubble Leases Retail Space At 208 Hoyt Street Brooklyn Represented By Meridian Capital Group
208 Hoyt Street
$144
$144/SF
Building Size
1,000 SF
Asset Type
Retail
Closing
Jun 26, 2025
About this deal
AI
The property asset involved in this transaction is a retail space located at 208 Hoyt Street in Brooklyn. The asking rent for this space is $144 per square foot, encompassing a total area of 1,000 square feet. This asset is under a Modified Gross Lease type.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $144/ft
- Address: 208 Hoyt Street
- Market: Brooklyn
- Landlord: Michael Shah - Del Shah Capital
- Tenant: Ms Bubble
- Tenant's Representatives: Noam Aziz, Carson Shahrabani & Ariel Ilian - Meridian Capital Group
- Lease Type: Modified Gross Lease
The deal features Michael Shah representing the landlord, Del Shah Capital, in this lease transaction. Ms Bubble is the tenant, with representation from Noam Aziz, Carson Shahrabani, and Ariel Ilian, who are all associated with Meridian Capital Group.
On the Map
$144
$144/SF
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
110159.72%
Cash-on-Cash
-31483.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93