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:
- Property Type: Retail
- Transaction Amount: $200/ft
- Square Footage: 1,500
- Address: 194 Flatbush Avenue
- Market: Prospect Heights
- Landlord: Nabil Chowdhury - Tristar Management
- Tenant: Xi'an Famous Foods
- Brokers: Albert Salameh, David Green, Albert Manopla & Dorel Melloul - KSR
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
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