Jennifer Markowitz Leases Retail Space To Liberty Fresh Market At 122-02 Liberty Avenue
122 02 Liberty Avenue
$65
$65/SF
Building Size
7,514 SF
Asset Type
Retail
Closing
Nov 6, 2025
AI
The property asset involved in this transaction is a retail space located at 122-02 Liberty Avenue in the South Richmond Hill market. The asking rent for this asset is $65 per square foot, with a total size of 7,514 square feet. The lease type is categorized as a Retail Lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $65/ft
- Address: 122-02 Liberty Avenue
- Market: South Richmond Hill
- Landlord: Jennifer Markowitz
- Tenant: Liberty Fresh Market
- Brokers: Miles Sabbagh & Marc Sitt - KSR
- Lease Type: Retail Lease
This transaction was facilitated by brokers Miles Sabbagh and Marc Sitt from KSR, representing the landlord and tenant in the lease agreement. The involvement of these brokers highlights their role in successfully navigating the lease process between Jennifer Markowitz and Liberty Fresh Market.
Players
South Richmond Hill 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
244046.15%
Cash-on-Cash
-69749.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93