Ash Capital Management Leases 2,500 SF Mixed-use Space To Greenpoint Yoga In Brooklyn
272 Driggs Avenue
$80
$80/SF
Building Size
2,500 SF
Asset Type
Mixed-use
Closing
Jun 15, 2026
AI
The property involved in this transaction is a mixed-use asset located at 272 Driggs Avenue in Brooklyn. The lease type is a Single Net Lease with an asking rent of $80 per square foot. The total square footage of the property is 2,500 square feet.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $200,000
- Address: 272 Driggs Avenue
- Market: Brooklyn
- Landlord: Ash Capital Management
- Tenant: Greenpoint Yoga
- Brokers: Isaac Bijou, Meyer Dagmy & Eddie Mamiye - MOD
The deal features representation by Isaac Bijou, Meyer Dagmy, and Eddie Mamiye, who are the brokers from MOD that facilitated the transaction for both the landlord and the tenant. This collaboration was essential for closing the lease agreement between Ash Capital Management and Greenpoint Yoga.
Players
Brooklyn Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
198287.50%
Cash-on-Cash
-56671.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93