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
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