Maxine Mandel Leases Retail Space To Dong Bei At 500 Jersey Avenue Jersey City
500 Jersey Avenue
$80
$80/SF
Building Size
2,000 SF
Asset Type
Retail
Closing
Jan 27, 2026
AI
The retail asset located at 500 Jersey Avenue in Jersey City features a square footage of 2,000 and is listed with an asking rent of $80 per square foot. This property falls under the retail asset category and serves as a key space in a competitive market.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $80/ft
- Square Footage: 2,000
- Address: 500 Jersey Avenue
- Market: Jersey City
- Landlord: Maxine Mandel
- Tenant: Dong Bei
- Brokers: Benjamin Namdar & David Green - KSR
- Lease Type: Retail Lease
Maxine Mandel acts as the landlord in this lease transaction, while Dong Bei is the tenant securing the space. The deal is facilitated by brokers Benjamin Namdar and David Green, who represent the interests of the parties involved through KSR.
Players
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
198287.50%
Cash-on-Cash
-56671.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93