Beyond Van Gogh: The Immersive Experience Leases Retail Space At 1500 Old Country Rd. In Westbury, Long Island
1500 Old Country Rd, Westbury, NY 11590, USA
$40
$40/SF
Building Size
30,000 SF
Asset Type
Retail
Closing
Sep 30, 2022
About this deal
AI
The retail property located at 1500 Old Country Rd. in Westbury, Long Island has been leased to Beyond Van Gogh: The Immersive Experience. The property is owned by Lesso Mall Development, DBA Samanea New York, with Dominic Coluccio representing the landlord. The leasing of the property was facilitated by Herbert Agin, Matthew Kucker, and Jordan Barch from Colliers International. The lease transaction was finalized on September 30, 2022.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: N/A
- Address: 1500 Old Country Rd.
- Market: Westbury, Long Island
The Beyond Van Gogh: The Immersive Experience lease agreement was signed for a space of approximately 30,000 square feet, with an asking rent of $40 per square foot.
On the Map
$40
$40/SF
Retail
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Players
Westbury 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
396575.00%
Cash-on-Cash
-113342.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93