EKT Equities Leases Retail Space To Travel Company At 201 Saint Nicholas Avenue In Brooklyn
201 Saint Nicholas Avenue
$70
$70/SF
Building Size
700 SF
Asset Type
Retail
Closing
Jan 5, 2026
About this deal
AI
The asset involved in the transaction is a retail property located at 201 Saint Nicholas Avenue in Brooklyn. The asking rent for this property is $70 per square foot, with a total square footage of 700. The lease type is a Single Net Lease.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $70/ft
- Square Footage: 700
- Address: 201 Saint Nicholas Avenue
- Market: Brooklyn
- Landlord: EKT Equities
- Tenant: Travel Company
- Landlord's Representatives: James Famularo, Jacob Mayer & Craig Adamson - Meridian Capital Group
The key individuals involved in this deal are James Famularo, Jacob Mayer, and Craig Adamson, who represent the landlord through Meridian Capital Group. They are active in all five Boroughs and are available for any NYC leasing needs.
On the Map
$70
$70/SF
Retail
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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
226614.29%
Cash-on-Cash
-64767.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93