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519 Fulton Street

Thor Equities Leases Retail Space To Mixue At 519 Fulton Street In Downtown Brooklyn
LEASEDRetail

Thor Equities Leases Retail Space To Mixue At 519 Fulton Street In Downtown Brooklyn

519 Fulton Street

$225

$225/SF

Building Size

3,000 SF

Asset Type

Retail

Closing

Nov 25, 2025

AI

The retail asset located at 519 Fulton Street in Downtown Brooklyn encompasses a total area of 3,000 square feet. The asking rent for this property is set at $225 per square foot.

Summary of transaction details:

This lease transaction includes key representatives from both the landlord and tenant sides. The landlords are represented by Jordan Raphan, Albert Manopla, and Akram Mozeb from KSR, while the tenant representation consists of Eric Gelber, Jordan Kaplan, and Jessica Tauber from CBRE.

Players

Albert Manopla

Kassin Sabbagh Realty

Broker

$4.3M

vol

83 deals

Broker
Thor Equities
Thor EquitiesLandlord

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

70502.22%

Cash-on-Cash

-20149.75%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93