Yeshivat Osher Hatorah Leases Retail Space At 2211 Coney Island Avenue For $54/ft
2211 Coney Island Avenue
$54
$54/SF
Building Size
4,000 SF
Asset Type
Retail
Closing
Jun 4, 2026
About this deal
AI
The retail asset located at 2211 Coney Island Avenue in Brooklyn encompasses a total square footage of 4,000. The lease for this property has been set at an asking rent of $54 per square foot and falls under a Modified Gross Lease structure.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $54/ft
- Square Footage: 4,000
- Address: 2211 Coney Island Avenue
- Market: Brooklyn
- Tenant: Yeshivat Osher Hatorah
- Tenant's Representative: Michael Gammal - Swift Real Estate Advisors
- Landlord's Representative: Denis Abayev - Commercial Acquisitions
The transaction features key representatives, with Rabbi Joey Haber associated with the tenant, Yeshivat Osher Hatorah. Both Denis Abayev and Michael Gammal played significant roles as representatives for the landlord and tenant, respectively, facilitating the lease agreement.
On the Map
$54
$54/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
293759.26%
Cash-on-Cash
-83957.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93