Pearl Realty Leases Retail Space To YOSEKA At 52 Bridge Street In Brooklyn For $36/ft
52 Bridge Street
$36
$36/SF
Building Size
4,500 SF
Asset Type
Retail
Closing
Oct 5, 2026
About this deal
AI
The property asset involved in the transaction is a retail space located at 52 Bridge Street in the Brooklyn market. The asking rent for this space is set at $36 per square foot, with a total area of 4,500 square feet. The lease term negotiated for this property is 1 year, categorized under a modified gross lease agreement.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $36/ft
- Lease Term: 1 Year
- Lease Type: Modified Gross Lease
- Landlord: Pearl Realty
- Tenant: YOSEKA
- Brokers: Ilan Maslow & Jamie Pelletier - TorsX
The key individuals involved in this transaction are Ilan Maslow and Jamie Pelletier, who are representatives of TorsX in this deal. They facilitated the lease agreement between Pearl Realty and the tenant, YOSEKA, ensuring all aspects of the transaction were addressed effectively.
On the Map
$36
$36/SF
Retail
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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
440638.89%
Cash-on-Cash
-125935.95%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93