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66 Monitor Street

Christian Bastidas Represents Mochidough Jersey City Lease In Jersey City Retail Market
LEASEDRetail

Christian Bastidas Represents Mochidough Jersey City Lease In Jersey City Retail Market

66 Monitor Street

$35

$35/SF

Building Size

1,311 SF

Asset Type

Retail

Closing

Dec 23, 2023

AI

The retail property located at 66 Monitor Street in Jersey City was leased for an asking rent of $35 per square foot. The total space area for lease is 1,311 square feet.

Summary of transaction details:

The tenant for this retail space, Mochidough Jersey City, was represented by Christian Bastidas from West Hoboken Residential. For more information on off-market spaces available for lease, inquiries can be directed to [email protected].

Players

Christian Bastidas

West Hoboken Residential

Broker

$10.1M

vol

10 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