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210 Franklin Street

Albert Dayan Leases Retail Space To The Hunt Supply At 210 Franklin Street For $120/ft
LEASEDRetail

Albert Dayan Leases Retail Space To The Hunt Supply At 210 Franklin Street For $120/ft

210 Franklin Street

$120

$120/SF

Building Size

1,300 SF

Asset Type

Retail

Closing

May 27, 2026

AI

The property asset involved in this transaction is a retail space located at 210 Franklin Street in the Greenpoint market. The asking rent for this space is $120 per square foot, with a total size of 1,300 square feet. The lease type is a Modified Gross Lease.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $120/ft
  • Address: 210 Franklin Street
  • Market: Greenpoint
  • Landlord: Albert Dayan
  • Tenant: The Hunt Supply
  • Landlord's Representatives: Ben Biberaj - IPRG Retail Leasing, Joseph Sobolov - Investment Property Realty Group
  • Tenant's Representatives: Marc Sitt, Nathan Shabot - KSR
  • Square Footage: 1,300
  • Lease Type: Modified Gross Lease

This transaction involved key individuals and companies where Albert Dayan acts as the landlord, while The Hunt Supply is the tenant. The landlord’s representatives, Ben Biberaj and Joseph Sobolov, played a crucial role along with the tenant’s representatives, Marc Sitt and Nathan Shabot, in facilitating this lease agreement.

Players

Marc Sitt

Kassin Sabbagh Realty

Broker

$272.9M

vol

64 deals

Broker

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

132191.67%

Cash-on-Cash

-37780.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93