ASAK Solutions Leases 16,515 Square Feet From Longpoint Partners At 152-15 Rockaway Boulevard
152-15 Rockaway Boulevard
Building Size
—
Asset Type
Industrial
Closing
Mar 10, 2026
AI
The industrial property located at 152-15 Rockaway Boulevard in Jamaica features a total area of 16,515 square feet. This site has been selected to facilitate operations related to ramp and cargo handling in proximity to John F. Kennedy International Airport.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 152-15 Rockaway Boulevard
- Market: Jamaica
- Landlord: Longpoint Partners
- Tenant: ASAK Solutions
ASAK Solutions has entered into a lease agreement with Longpoint Partners, highlighting their commitment to establishing operational capabilities in a strategic location near a major airport to enhance cargo handling efficiencies.
Players
Jamaica Industrial Market Snapshot
Boundary boundary · Industrial · 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