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61 North 11th Street

Dagmar Cannabis Leases Retail Space At 61 North 11th Street In Williamsburg For 10 Years
LEASEDRetail

Dagmar Cannabis Leases Retail Space At 61 North 11th Street In Williamsburg For 10 Years

61 North 11th Street

$86

$86/SF

Building Size

4,200 SF

Asset Type

Retail

Closing

Sep 11, 2025

AI

This retail asset is located at 61 North 11th Street in the Brooklyn market. The property encompasses a total of 4,200 square feet. The asking rent is set at $86 per square foot and is under a modified gross lease for a term of 10 years.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $86/ft
  • Lease Term: 10 Years
  • Lease Type: Modified Gross Lease
  • Landlord: CW Realty - Cheskiel Weisz
  • Tenant: Dagmar Cannabis
  • Landlord's Representative: Abe Steinberg - Doorway NYC
  • Brokers: Peter Weisman - Weisman NYC

Dagmar Cannabis, a Soho-based cannabis retailer, is expanding with their second location in Williamsburg, enhancing the local market with their offerings.

Players

Abe Steinberg

Doorway NYC

Broker

$1.3M

vol

4 deals

Broker
Weisman NYC
Weisman NYC Brokerage
CW Realty
CW RealtyLandlord

Brooklyn Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

184453.49%

Cash-on-Cash

-52717.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93