SLT Fitness Leases 2400 Square Feet At 4215 Crescent St Long Island City From World Wide Group
4215 Crescent St, Queens, NY, 11101
Building Size
2,400 SF
Asset Type
—
Closing
Nov 19, 2023
About this deal
AI
The property involved in this transaction is located at 4215 Crescent St, Queens, NY, 11101. The asset comprises a total area of 2400 square feet and is situated in the Long Island City market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 4215 Crescent St, Queens, NY, 11101
- Market: Long Island City
- Tenant: SLT Fitness
- Landlord: World Wide Group
- Tenant's Representative: David Abrams
- Square Feet: 2400
The transaction features SLT Fitness as the tenant, leasing the property from World Wide Group. David Abrams represents SLT Fitness in this deal, facilitating the transaction logistics between the tenant and the landlord.
On the Map
Players
Long Island City CRE Market Snapshot
Boundary boundary · CRE · Lease transactions
Loading comparables…
Deal FAQ
Browse Long Island City leases on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93