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2840 Atlantic Avenue

Bushburg/The Moinian Group Leases Retail Space To Healthy Market At 2840 Atlantic Avenue
LEASEDRetail

Bushburg/The Moinian Group Leases Retail Space To Healthy Market At 2840 Atlantic Avenue

2840 Atlantic Avenue

$60

$60/SF

Building Size

5,143 SF

Asset Type

Retail

Closing

Dec 14, 2025

AI

The property asset involved in the transaction is a retail space located at 2840 Atlantic Avenue, situated in the East New York market. This retail lease encompasses a total square footage of 5,143 and has an asking rent of $60 per square foot.

Summary of transaction details:

  • Property Type: Retail Lease
  • Transaction Amount: $60/ft
  • Square Footage: 5,143
  • Address: 2840 Atlantic Avenue
  • Market: East New York
  • Landlord: Bushburg/The Moinian Group
  • Tenant: Healthy Market
  • Brokers: Eli Yadid, Rafael Benor & Jordan Soleimani - Kassin Sabbagh Realty

Key individuals in this transaction include the landlord represented by Bushburg/The Moinian Group and the tenant known as Healthy Market. The brokers facilitating the deal are Eli Yadid, Rafael Benor, and Jordan Soleimani from Kassin Sabbagh Realty, representing both sides throughout the leasing process.

Players

Eli Yadid

Kassin Sabbagh Realty

Broker

$16M

vol

38 deals

Broker

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