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
About this deal
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:
- Property Type: Retail
- Transaction Amount: $300/ft
- Square Footage: 1,000
- Landlord: Nabil Chowdhury - Tristar Management
- Tenant: Skinny Louie
- Brokers: David Green, Ike Bibi, Albert Salameh, Carolina Aziz & Madeleine Soffer - KSR
- Lease Type: Retail Lease
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.
On the Map
$300
$300/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
52876.67%
Cash-on-Cash
-15112.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93