Jack Cohen & Mark Cohen Landlords Lease Retail Space To Le Pulga At 60 Broadway In Brooklyn
60 Broadway
$72
$72/SF
Building Size
2,000 SF
Asset Type
Retail
Closing
Mar 31, 2026
AI
The retail asset located at 60 Broadway in Brooklyn comprises 2,000 square feet and is subject to a Single Net Lease. The asking rent for this property is set at $72 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $72/ft
- Lease Type: Single Net Lease
- Landlord: Jack Cohen & Mark Cohen
- Tenant: Le Pulga
- Brokers: Joaquin Carrillo & Stephen Ligambi - Meridian Capital Group
- Lease Date: 4/1/2026
The transaction was facilitated by brokers Joaquin Carrillo and Stephen Ligambi, who represent Meridian Capital Group in the lease agreement between the landlords and tenant. Their involvement underscores the collaborative efforts of dedicated real estate professionals in executing this lease transaction.
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
220319.44%
Cash-on-Cash
-62967.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93