Nabil Chowdhury Of Tristar Management Leases Retail Space To Surfish Bistro In Prospect Heights
447 Bergen Street
$200
$200/SF
Building Size
1,100 SF
Asset Type
Retail
Closing
Feb 18, 2025
About this deal
AI
The retail asset involved in this transaction is located at 447 Bergen Street in the Prospect Heights market. The asking rent for this property was set at $200 per square foot, covering a total area of 1,100 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $200/ft
- Lease Type: Retail Lease
- Landlord: Nabil Chowdhury - Tristar Management
- Tenant: Surfish Bistro
- Landlord's Representative: Albert Salameh & David Green - KSR
- Tenant's Representative: Mariko Tanaka & Noam Aziz - Meridian Capital Group
This transaction involves key stakeholders such as landlord Nabil Chowdhury representing Tristar Management and tenant Surfish Bistro. The representatives facilitating the deal include Albert Salameh and David Green from KSR for the landlord, alongside Mariko Tanaka and Noam Aziz from Meridian Capital Group representing the tenant.
On the Map
$200
$200/SF
Retail
View full map
Players
Brooklyn Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Deal FAQ
Visit David Green to view all their deals.
Browse Brooklyn retail leases on Traded.
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