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208 South 3rd Street

Good Dog Collective Leases Retail Space At 208 South 3rd Street Brooklyn From Aron Kalpelyus
LEASEDRetail

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

Noam Aziz

Meridian Capital Group

Broker

$900K

vol

238 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

226614.29%

Cash-on-Cash

-64767.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93