Kamar Mtioui Leases Retail Space To Broadway Liquidation At 829 Broadway In Brooklyn
829 Broadway
$45
$45/SF
Building Size
5,000 SF
Asset Type
Retail
Closing
Feb 28, 2026
AI
The property involved in this transaction is a retail space located at 829 Broadway, Brooklyn. The total square footage of the asset is 5,000, with an asking rent of $45 per square foot. The lease type is classified as a Single Net Lease.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $225,000
- Landlord: Kamar Mtioui
- Tenant: Broadway Liquidation
- Broker: Mike Sutton - MOD
- Date: 3/1/2026
Key individuals involved in the transaction include landlord Kamar Mtioui, tenant Broadway Liquidation, and broker Mike Sutton, who represents the interests of the involved parties in this lease agreement.
Players
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
352511.11%
Cash-on-Cash
-100748.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93