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61 Greenpoint Avenue

Scott Berger Leases Retail Space At 61 Greenpoint Avenue To Coby & Cesar - Little Axe Salon
LEASEDRetail

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

Edmund Shammah

Safdie Realty Group

Broker

5 deals

Broker
Safdie Realty Group
Safdie Realty GroupBrokerage

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