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132-07 14th Ave

First National Bank Of Long Island Leases 2,000 Square Feet Retail Space In College Point
LEASEDRetail

First National Bank Of Long Island Leases 2,000 Square Feet Retail Space In College Point

132-07 14th Ave

Building Size

2,000 SF

Asset Type

Retail

Closing

Jan 1, 2016

AI

The asset involved in this lease transaction is a retail space located at 132-07 14th Ave, College Point, covering an area of 2000.0 square feet.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 132-07 14th Ave
  • Market: College Point
  • Square Feet: 2000.0
  • Tenant: First National Bank Of Long Island
  • Landlord: Ciampa Organization
  • Broker Representatives: Thomas Caliendo - Tide Realty Group, Etan Shalem - Not specified

The deal involves First National Bank Of Long Island as the tenant and Ciampa Organization serving as the landlord, with representation from Thomas Caliendo of Tide Realty Group and an unspecified representative for Etan Shalem.

Players

Thomas Caliendo

Tide Realty Group

Broker

$7.6M

vol

47 deals

Broker
CO
Ciampa OrganizationLandlord
FI
First National Bank Of Long IslandTenant

College Point Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

Loading comparables…

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