Slavik Gofman Leases Retail Space To Enliven MedSpa At 62 Grand Street In Brooklyn
62 Grand Street
$72
$72/SF
Building Size
2,000 SF
Asset Type
Retail
Closing
Jun 30, 2025
About this deal
AI
The retail asset located at 62 Grand Street in Brooklyn has an approximate square footage of 2,000. The property has a modified gross lease with an asking rent of $72 per square foot.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $72/ft
- Lease Type: Modified Gross Lease
- Landlord: Slavik Gofman
- Tenant: Enliven MedSpa
- Date: 7/1/2025
- Brokers: James Famularo & Bobby Ortense - Meridian Capital Group
James Famularo and Bobby Ortense represented the landlord Slavik Gofman in this transaction, facilitating the lease arrangement with the tenant Enliven MedSpa. Their involvement highlights the role of professional brokers in negotiating lease terms within the retail market.
On the Map
$72
$72/SF
Retail
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Players
New York 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