Sam Chiu Leases Retail Space To Purity At 306 Gold Street Brooklyn For $200/ft
306 Gold Street
$200
$200/SF
Building Size
1,400 SF
Asset Type
Retail
Closing
Sep 14, 2026
About this deal
AI
The property asset involved in this transaction is located at 306 Gold Street, Brooklyn. This retail space is leased at an asking rent of $200 per square foot for a total area of 1,400 square feet. The lease type is classified as a Single Net Lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $280,000
- Address: 306 Gold Street
- Market: Brooklyn
- Landlord: Sam Chiu
- Tenant: Purity
- Landlord's Representative: Joaquin Carrillo, Jacob Mayer & Justin Bustamante - Meridian Capital Group
- Tenant's Representative: Jordan Raphan & Akram Mozeb - KSR
This lease transaction involves key representatives from both sides. The landlord's interests are represented by Joaquin Carrillo, Jacob Mayer, and Justin Bustamante from Meridian Capital Group. On the tenant's side, representation is provided by Jordan Raphan and Akram Mozeb from KSR.
On the Map
$200
$200/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
79315.00%
Cash-on-Cash
-22668.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93