Mochimist Signs Retail Lease At 384 Court Street Carroll Gardens For $120 Per Ft
384 Court Street
$120
$120/SF
Building Size
5,000 SF
Asset Type
Retail
Closing
Mar 1, 2026
AI
The retail property located at 384 Court Street in the Carroll Gardens market covers a total area of 5,000 square feet with an asking rent of $120 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $120/ft
- Address: 384 Court Street
- Market: Carroll Gardens
- Landlord: Tarrin Wynter - Sterling Equities
- Tenant: Mochimist
- Landlord's Representative: Alex Beard & Jason Pennington - Ripco
- Tenant's Representative: Malik Wells & Jordan Raphan - KSR
- Lease Type: Retail Lease
This transaction involved key representatives in the commercial real estate sector, with Tarrin Wynter representing Sterling Equities as the landlord. The tenant, Mochimist, was represented by Malik Wells and Jordan Raphan from KSR, while the landlord’s interests were handled by Alex Beard and Jason Pennington from Ripco.
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
132191.67%
Cash-on-Cash
-37780.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93