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133-16 Springfield Boulevard

Deborah Simaee Leases Retail Space To Brad & Max's Deli At 133-16 Springfield Boulevard
LEASEDRetail

Deborah Simaee Leases Retail Space To Brad & Max's Deli At 133-16 Springfield Boulevard

133-16 Springfield Boulevard

$187,500

$187,500/SF

Building Size

3,750 SF

Asset Type

Retail

Closing

May 25, 2026

AI

The property asset involved in this transaction is a retail space located at 133-16 Springfield Boulevard in Springfield Gardens. The asset encompasses a total square footage of 3,750 and is leased at an asking rent of $50 per square foot. The lease type is a Single Net Lease.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $50/ft
  • Square Footage: 3,750
  • Address: 133-16 Springfield Boulevard
  • Market: Springfield Gardens
  • Landlord: Deborah Simaee
  • Tenant: Brad & Max's Deli, where Noam Eats
  • Brokers: Noam Aziz, Bradley Benilevi & Max Freudenberger - Meridian Capital Group

This transaction involved the significant roles of Deborah Simaee as the landlord and Brad & Max's Deli, where Noam Eats as the tenant. The brokers representing the deal were Noam Aziz, Bradley Benilevi, and Max Freudenberger from Meridian Capital Group, facilitating the leasing process for this retail property.

Players

Noam Aziz

Meridian Capital Group

Broker

$900K

vol

232 deals

Broker

Springfield Gardens 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

84.60%

Cash-on-Cash

-24.18%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93