Prime Liquidation Leases Retail Space From Joey Araman At 2184 Clarendon Road
2184 Clarendon Road
$40
$40/SF
Building Size
12,000 SF
Asset Type
Retail
Closing
Aug 14, 2025
AI
The retail property located at 2184 Clarendon Road in the Flatbush market encompasses a total square footage of 12,000 and is leased at an asking rent of $40 per square foot. The property is associated with a retail lease agreement.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $40/ft
- Square Footage: 12,000
- Address: 2184 Clarendon Road
- Market: Flatbush
- Landlord: Joey Araman
- Tenant: Prime Liquidation
- Brokers: Eli Yadid, Jordan Soleimani, Royee Zarum & Rafi Benor - KSR
- Lease Type: Retail Lease
The lease transaction involves key figures including landlord Joey Araman and tenant Prime Liquidation, with brokerage services provided by Eli Yadid, Jordan Soleimani, Royee Zarum, and Rafi Benor representing KSR in this deal.
Players
Brooklyn Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
396575.00%
Cash-on-Cash
-113342.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93