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438 Utica Avenue

Yoyo Chicken Leases Retail Space At 438 Utica Avenue Brooklyn Represented By Augenbaum Realty
LEASEDRetail

Yoyo Chicken Leases Retail Space At 438 Utica Avenue Brooklyn Represented By Augenbaum Realty

438 Utica Avenue

$60

$60/SF

Building Size

1,700 SF

Asset Type

Retail

Closing

Nov 30, 2025

AI

The property asset involved in this lease transaction is located at 438 Utica Avenue in the Brooklyn market. It is categorized as a retail asset with a total area of 1,700 square feet. The asking rent for this property is set at $60 per square foot, and the lease type is classified as a modified gross lease.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $102,000
  • Address: 438 Utica Avenue
  • Market: Brooklyn
  • Landlord: Bawabeh Brothers - Soly A Bawabeh & Eddie Mizrachi
  • Tenant: Yoyo Chicken
  • Brokers: Josh Augenbaum & Murray Mizrachi - Augenbaum Realty

The key individuals involved in this transaction include landlords Soly A Bawabeh and Eddie Mizrachi, who represent Bawabeh Brothers. The tenant, Yoyo Chicken, will be operating the retail space under the lease. Brokers Josh Augenbaum and Murray Mizrachi from Augenbaum Realty facilitated this transaction.

Players

Josh Augenbaum

Augenbaum Realty

Broker

$652.8M

vol

140 deals

Broker
Augenbaum Realty
Augenbaum RealtyBrokerage
Eddie Mizrachi

Eddie Mizrachi

Landlord

24 deals

Landlord

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

264383.33%

Cash-on-Cash

-75561.57%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93