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766 Lafayette Avenue

Monitex Security Leases Retail Space At 766 Lafayette Avenue Brooklyn With J3K Real Estate
LEASEDRetail

Monitex Security Leases Retail Space At 766 Lafayette Avenue Brooklyn With J3K Real Estate

766 Lafayette Avenue

$65

$65/SF

Building Size

1,250 SF

Asset Type

Retail

Closing

Sep 30, 2025

AI

The property involved in this lease transaction is a retail asset located at 766 Lafayette Avenue in Brooklyn. The leased space measures 1,250 square feet, with an asking rent of $65 per foot, structured as a Modified Gross Lease.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $81,250
  • Address: 766 Lafayette Avenue
  • Market: Brooklyn
  • Landlord: Julian Kiguel – Reda Holdings
  • Tenant: Monitex Security
  • Brokers: Jon Kamali, Justin Kamali & Jeremy Kamali - J3K Real Estate

J3K Real Estate successfully facilitated this lease for Monitex Security, helping the tenant secure a new office location in Brooklyn. The brokers involved in this transaction are Jon Kamali, Justin Kamali, and Jeremy Kamali, representing the interests of Monitex Security in this negotiation.

Players

Jon Kamali

J3K Real Estate

Broker

$139.3M

vol

31 deals

Broker
J3K Real Estate
J3K Real EstateBrokerage

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

244046.15%

Cash-on-Cash

-69749.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93