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176 Woodbury Rd, Hicksville...

Best Score Tutoring Leases Office Space In Hicksville, NY With Broker Tommy Tsiolis
LEASEDOffice

Best Score Tutoring Leases Office Space In Hicksville, NY With Broker Tommy Tsiolis

176 Woodbury Rd, Hicksville, NY, 11801

Building Size

1,100 SF

Asset Type

Office

Closing

May 5, 2020

AI

An office space spanning 1,100 square feet located at 176 Woodbury Rd, Hicksville, NY, 11801, was leased by Best Score Tutoring. The landlord's representative, Tommy Tsiolis from Diversified Realty LI, facilitated the transaction.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not Applicable
  • Address: 176 Woodbury Rd, Hicksville, NY, 11801
  • Market: Hicksville
  • Tenant: Best Score Tutoring
  • Landlord's Representative: Tommy Tsiolis (Diversified Realty LI)

Best Score Tutoring secured a lease for 1,100 square feet at the mentioned property. The deal was successfully brokered by Tommy Tsiolis, who served as a representative for both the landlord and the tenant in this transaction.

Players

Tommy Tsiolis

Diversified Realty LI

Broker

7 deals

Broker

Hicksville Office Market Snapshot

Boundary boundary · Office · 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