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374 Fifth Avenue

Amesly Realty Management Corp Leases Retail Space At 374 Fifth Avenue To Slope Village Cafe
LEASEDRetail

Amesly Realty Management Corp Leases Retail Space At 374 Fifth Avenue To Slope Village Cafe

374 Fifth Avenue

$92

$92/SF

Building Size

700 SF

Asset Type

Retail

Closing

Mar 12, 2026

AI

The property involved in this transaction is a retail asset located at 374 Fifth Avenue in the Park Slope market. The lease term is set for 5 years under a modified gross lease type. The asking rent for the space, which spans 700 square feet, is $92 per square foot.

Summary of transation details:

  • Property Type: Retail
  • Transaction Amount: $64,400
  • Landlord: Amesly Realty Management Corp
  • Tenant: Slope Village Cafe
  • Landlord's Representative: Yossi Capland
  • Tenant's Representative: Michael Elkharrat - Tri State Commercial Realty

Key individuals in this transaction include Yossi Capland, representing Amesly Realty Management Corp, and Michael Elkharrat from Tri State Commercial Realty, who represents Slope Village Cafe in this leasing deal.

Players

Yossi Capland

Compass

Broker

5 deals

Broker

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

172423.91%

Cash-on-Cash

-49279.28%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93