Abe Betesh Leases Retail Space To Paris Baguette At 747 Broadway In Brooklyn For $115/ft
747 Broadway
$115
$115/SF
Building Size
3,000 SF
Asset Type
Retail
Closing
Jun 2, 2026
About this deal
AI
The property asset involved in this lease transaction is located at 747 Broadway, Brooklyn, and is classified as retail space. The asking rent for this asset is $115 per square foot, covering an area of 3,000 square feet. The lease term is set for 10 years, under a Modified Gross Lease structure.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $115/ft
- Square Footage: 3,000
- Address: 747 Broadway
- Market: Brooklyn
- Landlord: Abe Betesh
- Tenant: Paris Baguette
- Broker: Kirill Galperin - Tri State Commercial
- Lease Term: 10 years
- Lease Type: Modified Gross Lease
This lease transaction involves key individuals and companies, including landlord Abe Betesh and tenant Paris Baguette. Kirill Galperin from Tri State Commercial represents the interests of the transaction as the broker, facilitating the agreement between the landlord and tenant.
On the Map
$115
$115/SF
Retail
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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
137939.13%
Cash-on-Cash
-39423.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93