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412 Knickerbocker Avenue

Eli Dabbah Leases Retail Space To Floyd’s Fine Cannabis At 412 Knickerbocker Avenue In Brooklyn
LEASEDRetail

Eli Dabbah Leases Retail Space To Floyd’s Fine Cannabis At 412 Knickerbocker Avenue In Brooklyn

412 Knickerbocker Avenue

$150

$150/SF

Building Size

1,000 SF

Asset Type

Retail

Closing

Jun 15, 2026

AI

The property involved in this transaction is located at 412 Knickerbocker Avenue in the Brooklyn market. It is classified as a retail asset with a total square footage of 1,000. The asking rent for the space is set at $150 per square foot and the lease type is a modified gross lease.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $150/ft
  • Square Footage: 1,000
  • Address: 412 Knickerbocker Avenue
  • Market: Brooklyn
  • Landlord: Eli Dabbah
  • Tenant: Floyd’s Fine Cannabis
  • Brokers: Edmund Shammah & Joey Kafif - Safdie Realty Group

The transaction is represented by Edmund Shammah and Joey Kafif from Safdie Realty Group, a company that specializes in landlord and tenant representation across the Bronx, Brooklyn, Manhattan, and Queens. They can provide expert assistance to those looking to lease out their space or to find the perfect location.

Players

Joey Kafif

Safdie Realty Group

Broker

30 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

105753.33%

Cash-on-Cash

-30224.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93