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1745 South Ave.

Restaurant Depot Leases Retail Space In Staten Island, NY
LEASED

Restaurant Depot Leases Retail Space In Staten Island, NY

1745 South Ave.

$25

$25/SF

Building Size

64,065 SF

Asset Type

Closing

Jul 26, 2022

AI

The retail property located at 1745 South Ave. in Staten Island has been leased in a deal facilitated by Allie Beyda from Metropolitan Skyline Realty. The property, spanning 64,065 square feet, was leased by Restaurant Depot. The landlord, A & H Acquisitions represented by Alex Adjmi, agreed to an asking rent of $25 per square foot.

Summary of transation details

  • Property Type: Retail
  • Transaction Amount: N/A
  • Address: 1745 South Ave.
  • Market: Staten Island
  • Landlord: A & H Acquisitions - Alex Adjmi
  • Tenant: Restaurant Depot
  • Broker: Allie Beyda - Metropolitan Skyline Realty
  • Asking Rent: $25/ft.
  • Square Footage: 64,065

Allie Beyda from Metropolitan Skyline Realty played a crucial role as the broker representing Restaurant Depot in this lease deal. The landlord, A & H Acquisitions, led by Alex Adjmi, agreed to lease the retail property at 1745 South Ave. in Staten Island. The sizeable space spans over 64,065 square feet and an asking rent of $25 per square foot was agreed upon.

Players

Allie Beyda

BH Realty

Broker

$4.8M

vol

16 deals

Broker
Alex Adjmi

Alex Adjmi

A & H Acquisitions

Landlord

$100.6M

vol

19 deals

Landlord
RD
Restaurant DepotTenant

Sacramento CRE Market Snapshot

Boundary boundary · CRE · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

634520.00%

Cash-on-Cash

-181347.76%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93