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208 Hoyt Street

Ms Bubble Leases Retail Space At 208 Hoyt Street Brooklyn Represented By Meridian Capital Group
LEASEDRetail

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

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.

Players

Noam Aziz

Meridian Capital Group

Broker

$900K

vol

231 deals

Broker
Meridian Capital Group
Meridian Capital GroupBrokerage

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