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218 Flatbush Avenue

Skinny Louie Leases Retail Space At 218 Flatbush Avenue From Nabil Chowdhury Of Tristar Management
LEASEDRetail

Skinny Louie Leases Retail Space At 218 Flatbush Avenue From Nabil Chowdhury Of Tristar Management

218 Flatbush Avenue

$300

$300/SF

Building Size

1,000 SF

Asset Type

Retail

Closing

Feb 3, 2026

AI

The asset involved in the transaction is a retail space located at 218 Flatbush Avenue in the Prospect Heights market. The property has an asking rent of $300 per square foot and encompasses a total of 1,000 square feet.

Summary of transaction details:

The deal involved multiple brokers, including David Green, Ike Bibi, Albert Salameh, Carolina Aziz, and Madeleine Soffer, all representing the transaction through KSR. Nabil Chowdhury served as the landlord for the property leased to the tenant, Skinny Louie.

Players

Ike Bibi

Kassin Sabbagh Realty

Broker

$274.3M

vol

125 deals

Broker

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

52876.67%

Cash-on-Cash

-15112.31%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93