Nabil Chowdhury Of Tristar Management Leases Retail Space To Babyface Brows At 458 Bergen Street
458 Bergen Street
$200
$200/SF
Building Size
725 SF
Asset Type
Retail
Closing
Oct 21, 2025
About this deal
AI
The asset involved in this transaction is a retail property located at 458 Bergen Street in Brooklyn. The lease was signed for a space measuring 725 square feet with an asking rent of $200 per square foot. The lease agreement is structured as a Modified Gross Lease with a term of five years and an option for an additional five years.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $200/ft
- Square Footage: 725
- Lease Term: 5 years + Additional 5 Years
- Lease Type: Modified Gross Lease
- Landlord: Nabil Chowdhury - Tristar Management
- Tenant: Babyface Brows
- Landlord's Representative: Albert Salameh, David Green & Benjamin Namdar - KSR
- Tenant's Representative: Joy Fescine - Tri State Commercial Realty
The deal was facilitated by key individuals, including Albert Salameh, David Green, and Benjamin Namdar, who represented the landlord through KSR. Joy Fescine represented the tenant, Babyface Brows, through Tri State Commercial Realty, highlighting the involvement of these professionals in securing the lease agreement.
On the Map
$200
$200/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
79315.00%
Cash-on-Cash
-22668.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93