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194 Flatbush Avenue

Xi'an Famous Foods Leases Retail Space At 194 Flatbush Avenue With Landlord Tristar Management
LEASEDRetail

Xi'an Famous Foods Leases Retail Space At 194 Flatbush Avenue With Landlord Tristar Management

194 Flatbush Avenue

$200

$200/SF

Building Size

1,500 SF

Asset Type

Retail

Closing

Jun 3, 2025

AI

The property asset involved in this transaction is a retail space located at 194 Flatbush Avenue in the Prospect Heights market. It spans 1,500 square feet and the asking rent is set at $200 per square foot for a retail lease.

Summary of transaction details:

Key individuals in this transaction include the landlord, Nabil Chowdhury of Tristar Management, and the tenant, Xi'an Famous Foods. The deal was facilitated by brokers Albert Salameh, David Green, Albert Manopla, and Dorel Melloul from KSR.

Players

Albert Manopla

Kassin Sabbagh Realty

Broker

$4.3M

vol

83 deals

Broker
Kassin Sabbagh Realty
Kassin Sabbagh RealtyBrokerage

Nabil Chowdhury

Tristar Management

Landlord

10 deals

Landlord

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

79315.00%

Cash-on-Cash

-22668.47%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93