facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Retail

/

Lease

/

1781 South Avenue

Allie Beyda Of BH Brokerage Group Brokers Retail Lease On Staten Island
LEASEDRetail

Allie Beyda Of BH Brokerage Group Brokers Retail Lease On Staten Island

1781 South Avenue

$25

$25/SF

Building Size

7,650 SF

Asset Type

Retail

Closing

May 8, 2024

AI

The retail property located at 1781 South Avenue in Staten Island was leased by The Pickleball Group. The asset spans 7,650 square feet with an asking rent of $25 per square foot. ACHS Management Corp, led by Alex Adjmi, serves as the landlord for this retail lease.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not provided
  • Landlord: ACHS Management Corp - Alex Adjmi
  • Tenant: The Pickleball Group
  • Broker: Allie Beyda - BH Brokerage Group

Allie Beyda from BH Brokerage Group represented the deal as the broker, facilitating the lease transaction between The Pickleball Group and ACHS Management Corp.

Players

Allie Beyda

BH Realty

Broker

$4.8M

vol

16 deals

Broker

Staten Island Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

634520.00%

Cash-on-Cash

-181347.76%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93