George Milich Leases Retail Space At 694 Manhattan Avenue To Halal Munchies For $120/ft
694 Manhattan Avenue
$120
$120/SF
Building Size
1,100 SF
Asset Type
Retail
Closing
Nov 12, 2025
AI
The property involved in this transaction is a retail asset located at 694 Manhattan Avenue in Brooklyn. The asking rent for this space is $120 per square foot, and it encompasses a total area of 1,100 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $120/ft
- Lease Type: Retail Lease
- Landlord: George Milich
- Tenant: Halal Munchies
- Tenant's Representative: Josh Sarraf - ARA
This lease transaction features George Milich as the landlord and Halal Munchies as the tenant. The tenant is represented by Josh Sarraf from ARA, facilitating the lease agreement between the involved parties.
Players
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
132191.67%
Cash-on-Cash
-37780.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93