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415 86th Street

Steven Politis Of Enosis Realty LLC Leases Retail Space To Wingstop At 415 86th Street
LEASEDRetail

Steven Politis Of Enosis Realty LLC Leases Retail Space To Wingstop At 415 86th Street

415 86th Street

$150

$150/SF

Building Size

1,200 SF

Asset Type

Retail

Closing

Aug 31, 2025

AI

The retail asset located at 415 86th Street in the Bay Ridge market features a leased space with a square footage of 1,200. The asking rent for this property is set at $150 per foot.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $150/ft
  • Address: 415 86th Street
  • Market: Bay Ridge
  • Lease Type: Retail Lease
  • Landlord: Steven Politis - Enosis Realty LLC
  • Tenant: Wingstop
  • Landlord's Representative: Steven Politis
  • Tenant's Representatives: Jack Khaski & Albert Manopla - KSR

Steven Politis, representing Enosis Realty LLC, is the landlord in this transaction. The tenant, Wingstop, is represented by both Jack Khaski and Albert Manopla from KSR, highlighting a collaborative effort in securing the lease agreement.

Players

Albert Manopla

Kassin Sabbagh Realty

Broker

$4.3M

vol

83 deals

Broker
Kassin Sabbagh Realty
Kassin Sabbagh RealtyBrokerage

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