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
About this deal
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.
On the Map
$92
$92/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
172423.91%
Cash-on-Cash
-49279.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93