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208 Irving Avenue

Eden Ashourzadeh Leases Retail Space To Lilly’s Pet Services At 208 Irving Avenue, Brooklyn
LEASEDRetail

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

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.

Players

Ben Biberaj

IPRG Retail Leasing

Broker

$26.2M

vol

194 deals

Broker

Eden Ashourzadeh

N/A

Landlord

$116.7M

vol

37 deals

Landlord

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