DNG Property Leases 5000 SF Retail Space To Premier Martial Arts In Crown Heights
1690 Atlantic Avenue
$34
$34/SF
Building Size
5,000 SF
Asset Type
Retail
Closing
Jan 6, 2026
AI
The property located at 1690 Atlantic Avenue in Crown Heights is a retail asset. It has a lease type classified as a retail lease, with a total square footage of 5,000. The asking rent for this property is set at $34 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $34/ft
- Address: 1690 Atlantic Avenue
- Market: Crown Heights
- Landlord: DNG Property
- Tenant: Premier Martial Arts
- Brokers: Isaac Cooper, Jack Hamadani & Freddy Souid - KSR
The transaction involves landlords DNG Property and tenant Premier Martial Arts, represented by brokers Isaac Cooper, Jack Hamadani, and Freddy Souid from KSR. Their collective efforts facilitated this leasing agreement.
Players
Brooklyn Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
466558.82%
Cash-on-Cash
-133343.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93