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62 Grand Street

Slavik Gofman Leases Retail Space To Enliven MedSpa At 62 Grand Street In Brooklyn
LEASEDRetail

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

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.

Players

James Famularo

Meridian Capital Group

Broker

$11.4M

vol

362 deals

Broker
Meridian Capital Group
Meridian Capital GroupBrokerage

Slavik Gofman

Landlord

9 deals

Landlord

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