LEASEDRetail
Sanjha Punjab Supermarket Leases 15,039 Square Feet Retail Space At 1631-1633 Dutch Broadway
1631-1633 Dutch Broadway
Building Size
15,039 SF
Asset Type
Retail
Closing
Jan 1, 2023
AI
The asset involved in this transaction is a retail property located at 1631-1633 Dutch Broadway in Elmont. The property encompasses a total area of 15,039 square feet and is part of the retail market.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 1631-1633 Dutch Broadway
- Market: Elmont
- Square Feet: 15,039.0
- Tenant: Sanjha Punjab Supermarket
- Landlord: Levites Realty Company
- Broker: Thomas Caliendo - Tide Realty Group
The deal features Sanjha Punjab Supermarket as the tenant leasing space from Levites Realty Company, with Thomas Caliendo from Tide Realty Group representing the landlord in this transaction.
Players
Elmont 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