The Brightwood Leases Retail Space At 110 Montague Street Brooklyn Heights For $114 Per Ft
110 Montague Street
$114
$114/SF
Building Size
1,900 SF
Asset Type
Retail
Closing
Apr 29, 2026
About this deal
AI
The retail asset located at 110 Montague Street in the Brooklyn Heights market spans 1,900 square feet. The landlord for this property is A. Ruth & Sons Real Estate, and the tenant secured for this lease is The Brightwood. The asking rent for the space is set at $114 per square foot under a modified gross lease agreement.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $114/ft
- Square Footage: 1,900
- Address: 110 Montague Street
- Market: Brooklyn Heights
- Landlord: A. Ruth & Sons Real Estate
- Tenant: The Brightwood
- Brokers: Jennifer Bernstein & Aric Trakhtenberg - Newmark
- Lease Type: Modified Gross Lease
The transaction involves brokers Jennifer Bernstein and Aric Trakhtenberg from Newmark, who represent the parties in this leasing deal. Their roles are crucial in facilitating the agreement between the landlord and tenant for the retail space.
On the Map
$114
$114/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
139149.12%
Cash-on-Cash
-39769.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93