Good Dog Collective Leases Retail Space At 208 South 3rd Street Brooklyn From Aron Kalpelyus
208 South 3rd Street
$70
$70/SF
Building Size
1,300 SF
Asset Type
Retail
Closing
Oct 16, 2025
AI
The asset involved in the transaction is a retail space located at 208 South 3rd Street in Brooklyn. The lease is offered at an asking rent of $70 per square foot for a total of 1,300 square feet. The lease type is a single net lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $70/ft
- Square Footage: 1,300
- Lease Type: Single Net Lease
- Landlord: Aron Kalpelyus
- Tenant: Good Dog Collective
- Brokers: Shaya Katz, Ariel Ilian & Noam Aziz - Meridian Capital Group
The key individuals involved in the deal include landlord Aron Kalpelyus and tenant Good Dog Collective. The brokers representing the transaction are Shaya Katz, Ariel Ilian, and Noam Aziz from Meridian Capital Group, facilitating the leasing of the property.
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
226614.29%
Cash-on-Cash
-64767.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93