Highgate Leases Retail Space At 2139 Nostrand Avenue With Brian Ainehsazan As Tenant's Representative
2139 Nostrand Avenue
Building Size
1,200 SF
Asset Type
Retail
Closing
Dec 28, 2025
About this deal
AI
The property asset involved in the transaction is a retail space located at 2139 Nostrand Avenue in the Flatbush Junction market. The asking rent for this 1,200 square foot space is $100 per foot, with a lease term of 5 years under a NNN Lease structure.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $100/ft
- Address: 2139 Nostrand Avenue
- Market: Flatbush Junction
- Lease Term: 5 years
- Lease Type: NNN Lease
- Landlord: Brian Ainehsazan - Aineh Property Group
- Tenant: Highgate
- Property Managers: Brian Ainehsazan & Elliot Setareh - Aineh Property Group
- Tenant's Rep: Brian Ainehsazan - Aineh Property Group
- Square Footage: 1,200
Key individuals involved in the deal include Brian Ainehsazan, who acts as both the landlord and tenant's representative, and Elliot Setareh, who is also a property manager at Aineh Property Group. This company is noted as the fastest-growing commercial real estate and property management firm in NYC & LI, handling over 25 active exclusive listings across five different landlords and closing more than ten deals within five months.
On the Map
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
158630.00%
Cash-on-Cash
-45336.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93