Madame Ji Inks Retail Lease At 212 Flatbush Avenue With Landlord Nabil Chowdhury
212 Flatbush Avenue
$200
$200/SF
Building Size
1,200 SF
Asset Type
Retail
Closing
Feb 2, 2026
AI
The property involved in this transaction is a retail asset located at 212 Flatbush Avenue in the Prospect Heights market. The retail lease has an asking rent of $200 per square foot for a total space of 1,200 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $200/ft
- Square Footage: 1,200
- Address: 212 Flatbush Avenue
- Market: Prospect Heights
- Landlord: Nabil Chowdhury - Tristar Management
- Tenant: Madame Ji
- Brokers: Albert Salameh, David Green & Benjamin Namdar - KSR
- Lease Type: Retail Lease
The individuals involved in this transaction include Nabil Chowdhury, representing the landlord through Tristar Management, and Madame Ji as the tenant. The leasing process was facilitated by brokers Albert Salameh, David Green, and Benjamin Namdar 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