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345 Nostrand Avenue

S Studios Signs Single Net Lease At 345 Nostrand Avenue In Brooklyn With Titan Group New York
LEASEDRetail

S Studios Signs Single Net Lease At 345 Nostrand Avenue In Brooklyn With Titan Group New York

345 Nostrand Avenue

$63

$63/SF

Building Size

1,700 SF

Asset Type

Retail

Closing

Jun 15, 2025

AI

This retail asset is located at 345 Nostrand Avenue in the Brooklyn market. The lease was signed for a space measuring 1,700 square feet with an asking rent of $63 per square foot under a Single Net Lease agreement.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $63/ft
  • Address: 345 Nostrand Avenue
  • Market: Brooklyn
  • Tenant: S Studios
  • Landlord's Representative: Martin DuPain - Highline Residential
  • Tenant's Representatives: Adam Lavian, Tyler Zar & Tanner Zar - Titan Group New York
  • Lease Type: Single Net Lease
  • Size: 1,700 SF

The representatives from Titan Group New York expressed excitement about bringing new life into the space and the block. Martin DuPain, the landlord's representative from Highline Residential, can be contacted at 917-920-6463 or via email at [email protected]. Titan Group specializes in commercial and residential leasing, offering guidance to property owners seeking to lease vacant units.

Players

Adam Lavian

Titan Group New York

Broker

58 deals

Broker
Titan Group New York
Titan Group New YorkBrokerage

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

251793.65%

Cash-on-Cash

-71963.40%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93