Triple C Builders Leases 5,000 SF Retail Space To Nexus Medical In Brooklyn For $60/ft
2700 Church Avenue
$60
$60/SF
Building Size
5,000 SF
Asset Type
Retail
Closing
Sep 21, 2026
About this deal
AI
The property asset involved in this lease transaction is located at 2700 Church Avenue in the Brooklyn market. It is a retail space with a square footage of 5,000 and a modified gross lease term of 10 years. The asking rent for this property is set at $60 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $300,000
- Address: 2700 Church Avenue
- Market: Brooklyn
- Lease Term: 10 Years
- Lease Type: Modified Gross Lease
- Landlord: Triple C Builders
- Tenant: Nexus Medical
- Landlord's Representative: Moshe Akiva & Victor Safenia - Momentum Realty Group
- Tenant's Representative: Ely Akiva - Momentum Realty Group
The key individuals involved in this transaction include Moshe Akiva and Victor Safenia, who represent the landlord, Triple C Builders, affiliating with Momentum Realty Group. Ely Akiva serves as the representative for the tenant, Nexus Medical, also under Momentum Realty Group.
On the Map
$60
$60/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
264383.33%
Cash-on-Cash
-75561.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93