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1363 Old Northern Boulevard

 Leases 5,000 Square Foot Retail Space To Full Service Restaurant & Bar In Roslyn
LEASEDRetail

Leases 5,000 Square Foot Retail Space To Full Service Restaurant & Bar In Roslyn

1363 Old Northern Boulevard

Building Size

5,000 SF

Asset Type

Retail

Closing

Jul 24, 2026

AI

This transaction involves a bi-level retail asset located at 1363 Old Northern Boulevard in Roslyn, featuring a total square footage of 5,000. The property, which is set to operate as a full service restaurant and bar, includes a second floor patio situated on the waterfront in Long Island's historic core.

Summary of transaction details:

The deal involved as the landlord and a tenant that has not yet finalized its name. The brokerage team representing this lease transaction consists of Danny Volk, Marc Johnson, and Kayla Terzi from Vantage Real Estate Advisors.

Players

Danny Volk

Vantage Real Estate Advisors

Broker

$9.2M

vol

17 deals

Broker
GP
Gristmill PropertiesLandlord
FT
Full Service Restaurant & Bar – Name TBDTenant

Roslyn 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