Abe Betesh Leases Retail Space To United Cerebral Palsy At 906 East New York Avenue
906 East New York Avenue
$45
$45/SF
Building Size
8,000 SF
Asset Type
Retail
Closing
Jul 1, 2025
About this deal
AI
The property asset involved in this transaction is a retail space located at 906 East New York Avenue in the East Flatbush market. The total square footage of the property is 8,000, with an asking rent of $45 per foot.
Summary of transaction details:
- Property Type: Retail Lease
- Transaction Amount: $45/ft
- Address: 906 East New York Avenue
- Market: East Flatbush
- Landlord: Abe Betesh
- Tenant: United Cerebral Palsy
- Brokers: Eli Yadid & Rafael Benor - KSR
- Lease Type: Retail Lease
The deal features key individuals including landlord Abe Betesh and tenant United Cerebral Palsy, both of whom played significant roles in the leasing agreement. The transaction was facilitated by brokers Eli Yadid and Rafael Benor from KSR, who were instrumental in bringing the deal to fruition.
On the Map
$45
$45/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
352511.11%
Cash-on-Cash
-100748.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93