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747 Broadway

Abe Betesh Leases Retail Space To Paris Baguette At 747 Broadway In Brooklyn For $115/ft
LEASEDRetail

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

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.

Players

Kirill Galperin

Broker

$3.3M

vol

2 deals

Broker
Abe Betesh

Abe Betesh

Landlord

$52.6M

vol

8 deals

Landlord
PB
Paris BaguetteTenant

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