Antone Henterone Leases Retail Space To Dime Marketplace In Crown Heights
944 Nostrand Avenue
Building Size
1,300 SF
Asset Type
Retail
Closing
Jul 27, 2025
About this deal
AI
944 Nostrand Avenue, Crown Heights, is a 1,300-square-foot retail space offered as a retail lease at an asking rent of $60 per square foot. The asset is located in the Crown Heights market and the transaction is dated 7/28/2025.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: Retail Lease at $60/ft²
- Date: 7/28/2025
- Landlord: Antone Henterone
- Tenant: Dime Marketplace
- Brokers: Mendy Smoller, Charlie Maryles & Nathan Aballi - KSR
- Address: 944 Nostrand Avenue
- Market: Crown Heights
The deal centers on broker representation by Mendy Smoller, Charlie Maryles and Nathan Aballi of KSR, coordinating the lease between Antone Henterone and Dime Marketplace for the 944 Nostrand Avenue space in Crown Heights.
On the Map
Retail
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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