Scott Berger Leases Retail Space At 61 Greenpoint Avenue To Coby & Cesar - Little Axe Salon
61 Greenpoint Avenue
$75
$75/SF
Building Size
450 SF
Asset Type
Retail
Closing
Jan 17, 2026
AI
The property involved in this transaction is a retail space located at 61 Greenpoint Avenue in Brooklyn. The asset has a total square footage of 450 and operates under a modified gross lease type with an asking rent of $75 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $33,750
- Landlord: Scott Berger
- Tenant: Coby & Cesar - Little Axe Salon
- Broker: Edmund Shammah - Safdie Realty Group
- Lease Type: Modified Gross Lease
Edmund Shammah represents the landlord in this transaction and is part of the Safdie Realty Group, specializing in landlord and tenant representation across Brooklyn, the Bronx, Manhattan, and Queens. For those looking to lease out space or find locations, expert assistance can be contacted through Edmund Shammah.
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
211506.67%
Cash-on-Cash
-60449.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93