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33 Gerry Street

Peri Malek DDS Signs 10 Year Lease At 33 Gerry Street Brooklyn Represented By Augenbaum Realty
LEASEDRetail

Peri Malek DDS Signs 10 Year Lease At 33 Gerry Street Brooklyn Represented By Augenbaum Realty

33 Gerry Street

$65

$65/SF

Building Size

2,500 SF

Asset Type

Retail

Closing

Nov 17, 2025

AI

The retail asset located at 33 Gerry Street in Brooklyn has a lease agreement established at an asking rent of $65 per square foot. The total leased area amounts to 2,500 square feet, under a lease term of 10 years classified as a Modified Gross Lease.

Summary of transation details:

  • Property Type: Retail
  • Transaction Amount: $65/ft
  • Lease Term: 10 Years
  • Landlord: Simon Dushinsky
  • Tenant: Peri Malek DDS
  • Brokers: Josh Augenbaum & Chaim Zagelbaum - Augenbaum Realty

The transaction highlights Josh Augenbaum and Chaim Zagelbaum representing the landlord in this leasing deal. They are affiliated with Augenbaum Realty, facilitating the agreement between Simon Dushinsky and Peri Malek DDS.

Players

Josh Augenbaum

Augenbaum Realty

Broker

$652.8M

vol

140 deals

Broker
Augenbaum Realty
Augenbaum RealtyBrokerage
Simon Dushinsky

Simon Dushinsky

Landlord

$1.6B

vol

18 deals

Landlord

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

244046.15%

Cash-on-Cash

-69749.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93