Sushi Counter Signs Lease At 219 Bedford Avenue In Brooklyn With Landlord Manjula Mukhopadhyay
219 Bedford Avenue
$390
$390/SF
Building Size
400 SF
Asset Type
Retail
Closing
Jul 1, 2025
About this deal
AI
The property asset involved is a retail space located at 219 Bedford Avenue in the market of Brooklyn, with a lease type classified as a Modified Gross Lease. The asking rent is set at $390 per square foot, with a total space of 400 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $390/ft
- Lease Type: Modified Gross Lease
- Landlord: Manjula Mukhopadhyay
- Tenant: Sushi Counter
- Landlord's Representative: Richard Babeck - Tri State Commercial Realty
- Tenant's Representatives: Noam Aziz & Carson Shahrabani - Meridian Capital Group
This transaction highlights the collaborative efforts of key individuals involved, including Richard Babeck representing the landlord Manjula Mukhopadhyay, and the team of Noam Aziz and Carson Shahrabani working on behalf of the tenant Sushi Counter. Their engagement facilitated the leasing process in this vibrant market area.
On the Map
$390
$390/SF
Retail
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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
40674.36%
Cash-on-Cash
-11624.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93