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466 Bergen Street

Updated Aug 31, 2026

Edward Ostad & Michael Ostad Lease Retail Space To Bristle & Bergen At 466 Bergen Street
LEASEDRetail

Edward Ostad & Michael Ostad Lease Retail Space To Bristle & Bergen At 466 Bergen Street

466 Bergen Street

$150

$150/SF

Building Size

1,000 SF

Asset Type

Retail

Closing

Aug 17, 2026

About this deal

AI

The property involved in this transaction is a retail asset located at 466 Bergen Street in the Prospect Heights market. It encompasses 1,000 square feet and has an asking rent of $150 per square foot.

Summary of transation details:

This lease transaction involved notable individuals from the brokerage community, specifically Albert Salameh, David Green, Benjamin Namdar, and Darien Hakimi, who represented the interests of the parties involved in this deal, facilitating the agreement between the landlord and tenant.

Players

David Green

Kassin Sabbagh Realty

Broker

$447M

vol

178 deals

Broker

Edward Ostad

Bristle & Bergen

Landlord

$620.3M

vol

11 deals

Landlord
BB
Bristle & BergenTenant

Brooklyn Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

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Deal FAQ

About $150 per square foot on a published $150 for 1,000 square feet (2026).

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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

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