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3315 Avenue H

Allied Realty Leases 8,000 Square Feet Retail Space To Flatbush Supermarket In Brooklyn
LEASEDRetail

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

Isaac Bijou

MOD

Broker

$1.4M

vol

41 deals

Broker
Meyer Dagmy
Verified Badge

Meyer Dagmy

MOD

Broker

$5.5M

vol

92 deals

Broker
Allied Realty
Allied RealtyLandlord

Brooklyn Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

Loading comparables…

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