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
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
184453.49%
Cash-on-Cash
-52717.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93