Eataly Leases 6000 SF Retail Space At JFK Terminal 8 From The Port Authority NY & NJ
John F Kennedy Airport
$250
$250/SF
Building Size
6,000 SF
Asset Type
Mixed-use
Closing
Jan 21, 2026
AI
The lease involves a mixed-use asset located at John F Kennedy Airport Terminal 8 in Jamaica. The asking rent is set at $250 per square foot for a total area of 6,000 square feet. The lease term is established for 12 years.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $1,500,000
- Address: John F Kennedy Airport Terminal 8
- Market: Jamaica
- Landlord: The Port Authority NY & NJ
- Tenant: Eataly
- Landlord's Representative: Michael Worthman, Ashley Hari & Alex Solomon - ASUR Airports
- Lease Type: Retail Lease
Eataly's North American Airport entrance at JFK Terminal 8 is supported by a partnership involving ASUR Airports, HMS Host, PANYNJ, and American Airlines. The leasing efforts at ASUR, led by Michael Worthman, aim to enhance the airport experience by introducing iconic brands to the airport space for the first time. Please reach out if you are interested in learning more or want to talk.
Players
Brooklyn Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
63452.00%
Cash-on-Cash
-18134.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93