Active Krav Maga Leases Retail Space In Fresh Meadows - Avi Abraham Represents Tenant
161-10 Union Tpke, Fresh Meadows, NY, USA
Building Size
2,800 SF
Asset Type
Retail
Closing
Sep 15, 2021
About this deal
AI
Located at 161-10 Union Tpke. in Fresh Meadows, this retail property was recently leased. The property spans approximately 2,800 square feet and was leased by Active Krav Maga, represented by Avi Abraham. The landlord, Ronnie Kahen, agreed to a lease deal with an asking rent of $23.60 per square foot.
Summary of Transaction Details
- Property Type: Retail
- Date: 09/15/2021
- Address: 161-10 Union Tpke., Fresh Meadows
- Tenant: Active Krav Maga 🇮🇱 - Avi Abraham
- Landlord: Ronnie Kahen
- Asking Rent: $23.60/ft.
- Square Footage: 2,800
Uriel Setareh from Venture Capital Properties, specifically the Darouvar Team, represented the tenant in the lease deal.
Players
New York 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