Eden Ashourzadeh Leases Retail Space To Lilly’s Pet Services At 208 Irving Avenue, Brooklyn
208 Irving Avenue
$69
$69/SF
Building Size
1,300 SF
Asset Type
Retail
Closing
Apr 27, 2026
About this deal
AI
The asset is a retail property located at 208 Irving Avenue in Bushwick, Brooklyn, with a total square footage of 1,300. The asking rent for this space is $69 per square foot, under a modified gross lease with a term of 10 years.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $69/ft
- Lease Term: 10 Years
- Lease Type: Modified Gross Lease
- Landlord: Eden Ashourzadeh
- Tenant: Lilly’s Pet Services
- Broker: Brandon Efap & Ben Biberaj - Investment Property Realty Group
Brandon Efap and Ben Biberaj from Investment Property Realty Group represented the landlord in this transaction. They successfully complete the lease agreement in one-third of the exclusive period, demonstrating efficient execution in handling the deal.
On the Map
$69
$69/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
229898.55%
Cash-on-Cash
-65705.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93