Allied Realty Leases 8,000 Square Feet Retail Space To Flatbush Supermarket In Brooklyn
3315 Avenue H
$40
$40/SF
Building Size
8,000 SF
Asset Type
Retail
Closing
Aug 3, 2026
AI
This retail lease transaction involves a space located at 3315 Avenue H in Brooklyn, featuring a total square footage of 8,000. The asking rent for this property is set at $40 per square foot. The lease type is classified as a Modified Gross Lease.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $40/ft
- Square Footage: 8,000
- Address: 3315 Avenue H
- Market: Brooklyn
- Landlord: Allied Realty
- Tenant: Flatbush Supermarket
- Landlord's Representative: Meyer Dagmy, Isaac Bijou & Eddie Mamiye - MOD
- Tenant's Representative: Hymie Dweck - Ripco
- Lease Type: Modified Gross Lease
The individuals involved in this transaction include representatives from both the landlord and tenant sides. The landlord is represented by Meyer Dagmy, Isaac Bijou, and Eddie Mamiye from MOD, while Hymie Dweck from Ripco represents the tenant, Flatbush Supermarket.
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
396575.00%
Cash-on-Cash
-113342.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93