SWEATLAB:54 Signs Lease At 187-12 Union Turnpike Fresh Meadows For 1,628 SF Retail
187-12 Union Turnpike, Fresh Meadows, Ny 11366
Building Size
1,628 SF
Asset Type
Retail
Closing
Jun 15, 2026
About this deal
AI
The retail property located at 187-12 Union Turnpike in Fresh Meadows, Queens, comprises a total area of 1,628 square feet. This transaction involved a lease agreement under a Modified Gross Lease structure.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Tenant: SWEATLAB:54
- Landlord's Representative: Adam Yakubov - Stonefield Real Estate
Adam Yakubov from Stonefield Real Estate represents the landlord in this leasing transaction. Stonefield Real Estate is focused on recruiting leasing brokers and operates as an owner representation firm that specializes based on geographic territories and asset types.
Players
Fresh Meadows 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