Isreal Family Leases Retail Space To Monmouth Cards At 481 Kings Highway For $90/ft
481 Kings Highway
$90
$90/SF
Building Size
1,750 SF
Asset Type
Retail
Closing
Oct 20, 2026
About this deal
AI
The property asset involved in this transaction is a retail space located at 481 Kings Highway in Brooklyn. The property has a square footage of 1,750 and is under a long-term lease agreement for a duration of 10 years. The asking rent is set at $90 per square foot, and the lease type is classified as a NNN Lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $157,500
- Address: 481 Kings Highway
- Market: Brooklyn
- Landlord: Isreal Family
- Tenant: Monmouth Cards
- Landlord's Representative: Solomon Betesh & Jonathan Lib - Momentum Realty Group
- Tenant's Representative: Abie Dwek
The deal involves key individuals including the landlord, Isreal Family, and tenant, Monmouth Cards. Representing the landlord is the team of Solomon Betesh and Jonathan Lib from Momentum Realty Group, while Abie Dwek serves as the representative for the tenant in this transaction.
On the Map
$90
$90/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
176255.56%
Cash-on-Cash
-50374.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93