Black Spruce Management Leases Retail Space To November Yellow At 858 Bergen Street Brooklyn
858 Bergen Street
$199
$199/SF
Building Size
600 SF
Asset Type
Retail
Closing
Oct 5, 2026
About this deal
AI
The property asset involved in the transaction is a retail space located at 858 Bergen Street, situated in the Brooklyn market. The asking rent for this space is set at $199 per square foot, with a total area of 600 square feet. The lease type established for this transaction is a Single Net Lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $199/ft
- Square Footage: 600
- Address: 858 Bergen Street
- Market: Brooklyn
- Landlord: Black Spruce Management
- Tenant: November Yellow
- Landlord's Representative: Jordan Langer & James Famularo - Meridian Capital Group
The key individuals involved in the deal are landlord's representatives Jordan Langer and James Famularo, who are affiliated with Meridian Capital Group. They played a crucial role in negotiating the lease for the retail space on behalf of the landlord, Black Spruce Management.
On the Map
$199
$199/SF
Retail
View full map
Players
Brooklyn Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Deal FAQ
Visit James Famularo to view all their deals.
Browse Brooklyn retail leases on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
79713.57%
Cash-on-Cash
-22782.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93