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
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