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
Springfield Gardens 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
84.60%
Cash-on-Cash
-24.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93