Jacob Ross Leases Retail Space To Cozy Mug Caffe At 110-72 Corona Avenue
110 72 Corona Avenue
$60
$60/SF
Building Size
1,550 SF
Asset Type
Retail
Closing
Dec 1, 2025
AI
The lease transaction involves a retail asset located at 110-72 Corona Avenue in Corona. The property has a total square footage of 1,550 and is categorized under a Modified Gross Lease, with an asking rent of $60 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $93,000
- Address: 110-72 Corona Avenue
- Market: Corona
- Landlord: Jacob Ross
- Tenant: Cozy Mug Caffe
- Brokers: Luca DiCiero & Faisal Gilani - NY Space Finders
The deal features representation by brokers Luca DiCiero and Faisal Gilani from NY Space Finders, facilitating the agreement between landlord Jacob Ross and tenant Cozy Mug Caffe.
Players
Corona Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
264383.33%
Cash-on-Cash
-75561.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93