Laundrybee Leases Retail Space From Koptiev Family At 115-53 Sutphin Boulevard In Jamaica
115 53 Sutphin Boulevard
$51
$51/SF
Building Size
10,000 SF
Asset Type
Retail
Closing
Dec 23, 2025
About this deal
AI
The asset involved in this transaction is a retail property located at 115-53 Sutphin Boulevard, in the Jamaica market. The lease agreement features an asking rent of $51 per square foot for a total space of 10,000 square feet. The lease type established is a Single Net Lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $51/ft
- Square Footage: 10,000
- Address: 115-53 Sutphin Boulevard
- Market: Jamaica
- Landlord: Koptiev Family
- Tenant: Laundrybee
- Brokers: Noam Aziz & Aaron Harounian - Meridian Capital Group
The transaction includes key representatives in the process, with Noam Aziz and Aaron Harounian from Meridian Capital Group acting as brokers, facilitating the lease between the Koptiev Family and Laundrybee. Their involvement underscores the professional support behind the property leasing agreement.
On the Map
$51
$51/SF
Retail
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Players
Jamaica 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
311039.22%
Cash-on-Cash
-88895.96%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93