Jonathan Fischer Leases Retail Space At 2771 Nostrand Avenue Midwood Brooklyn For $55/ft
2771 Nostrand Avenue
$55
$55/SF
Building Size
11,600 SF
Asset Type
Retail
Closing
Oct 8, 2026
About this deal
AI
The property involved in this transaction is a retail asset located at 2771 Nostrand Avenue in the Midwood neighborhood of Brooklyn. The retail lease is for a space comprising 11,600 square feet, with an asking rent of $55 per square foot.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $55/ft
- Address: 2771 Nostrand Avenue
- Market: Midwood, Brooklyn
- Lease Type: Retail Lease
- Landlord: Jonathan Fischer
- Landlord's Representative: Jordan Soleimani & Eli Yadid - KSR
- Tenant's Representative: Oliver Barakat & Joel Dabu - Capicorn Retail Advisors
This lease involvement illustrates an engagement between the landlord, Jonathan Fischer, and the representatives from KSR and Capicorn Retail Advisors who facilitated the agreement. Jordan Soleimani and Eli Yadid represented the landlord while Oliver Barakat and Joel Dabu represented the tenant in the transaction.
On the Map
$55
$55/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
288418.18%
Cash-on-Cash
-82430.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93