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:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 1363 Old Northern Boulevard
- Market: Roslyn
- Landlord:
- Tenant: Full Service Restaurant & Bar – Name TBD
- Broker: Danny Volk, Marc Johnson & Kayla Terzi - Vantage Real Estate Advisors
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
Roslyn 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93