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770 Washington Avenue

Lin Lin Leases Retail Space To Petite Dumpling At 770 Washington Avenue Brooklyn For 10 Years
LEASEDRetail

Lin Lin Leases Retail Space To Petite Dumpling At 770 Washington Avenue Brooklyn For 10 Years

770 Washington Avenue

$82

$82/SF

Building Size

800 SF

Asset Type

Retail

Closing

Dec 9, 2025

AI

The property asset involved in this transaction is a retail space located at 770 Washington Avenue in Brooklyn. The asking rent for the property is set at $82 per square foot, and it comprises a total area of 800 square feet. The lease term agreed upon is for 10 years under a modified gross lease arrangement.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $82/ft
  • Lease Term: 10 Years
  • Lease Type: Modified Gross Lease
  • Landlord: Lin Lin
  • Tenant: Petite Dumpling
  • Landlord's Representative: Avi Saadia - Tri State Commercial Realty
  • Tenant's Representative: Edmund Shammah - Safdie Realty Group

This deal features key individuals including landlord Lin Lin, who is leasing the space to tenant Petite Dumpling. The representatives facilitating this transaction are Avi Saadia from Tri State Commercial Realty and Edmund Shammah from Safdie Realty Group. Safdie Realty Group specializes in landlord and tenant representation across Brooklyn, the Bronx, Manhattan, and Queens.

Players

Avi Saadia

Tri State Commercial Realty

Broker

6 deals

Broker

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

193451.22%

Cash-on-Cash

-55288.95%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93