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2859 John F Kennedy Boulevard

Treasure Hunt Leases Retail Space At 2859 John F Kennedy Boulevard In Jersey City
LEASEDRetail

Treasure Hunt Leases Retail Space At 2859 John F Kennedy Boulevard In Jersey City

2859 John F Kennedy Boulevard

$35

$35/SF

Building Size

11,000 SF

Asset Type

Retail

Closing

May 12, 2024

AI

The retail property located at 2859 John F Kennedy Boulevard in Jersey City was involved in a lease transaction between the landlord, Robert Braha of 51 Journal Square III, and the tenant, Treasure Hunt. The leasing deal was facilitated by Allie Beyda of BH Realty, with an asking rent of $35 per square foot for the 11,000 square feet of space.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not mentioned
  • Address: 2859 John F Kennedy Boulevard
  • Market: Jersey City
  • Landlord: Robert Braha - 51 Journal Square III
  • Tenant: Treasure Hunt
  • Broker: Allie Beyda - BH Realty
  • Asking Rent: $35/ft.
  • Square Footage: 11,000

Allie Beyda from BH Realty played a crucial role as the broker in this lease deal, representing the involved parties and ensuring a successful transaction for the retail property. The collaboration between Robert Braha as the landlord and Treasure Hunt as the tenant signifies a significant real estate agreement in the bustling market of Jersey City.

Players

Allie Beyda

BH Realty

Broker

$4.8M

vol

16 deals

Broker

Jersey City 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

453228.57%

Cash-on-Cash

-129534.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93