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161-10 Union Tpke, Fresh Me...

Active Krav Maga Leases Retail Space In Fresh Meadows - Avi Abraham Represents Tenant
LEASEDRetail

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

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

Uriel Setareh

Dusk Group

Broker

$18.7M

vol

9 deals

Broker

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