Updated Oct 29, 2024
ThinkBronze Leases 10,000 Sf Commercial Space In Westbury With Diversified Realty LI
75 Rushmore St, Westbury, NY, 11590
Building Size
10,000 SF
Asset Type
Commercial
Closing
Nov 22, 2023
About this deal
AI
The commercial property located at 75 Rushmore St, Westbury, NY, 11590, spans 10,000 square feet in the Westbury market. THINKBRONZE has recently leased this space, with Tommy Tsiolis from Diversified Realty LI representing both the tenant and the unknown landlord in the transaction.
Summary of transaction details:
- Property Type: Commercial
- Transaction Amount: Not provided
- Tenant: THINKBRONZE
- Landlord's Rep: Tommy Tsiolis (Diversified Realty LI)
- Square Feet: 10,000
Among the various lease transactions facilitated by Diversified Realty LI, Tommy Tsiolis represented multiple tenants in different locations. The diverse range of businesses securing leases through Tsiolis includes Art Tek, Eco Shield Pest Control, NY Marketing Team Inc., Best Score Tutoring, DVAC Sales, Complete Packaging, Kerns Manufacturing, Marcos Art of Restoration, and Baldwin Brew Trade Inc.
On the Map
Commercial
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Westbury Commercial Market Snapshot
Boundary boundary · Commercial · Lease transactions
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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