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
Brooklyn Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
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