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2135 Jericho Turnpike

Updated Dec 4, 2024

Hamza Khamisa Signs Ground Lease In Garden City Park, Long Island
LEASEDRetail

Hamza Khamisa Signs Ground Lease In Garden City Park, Long Island

2135 Jericho Turnpike

$30

$30/SF

Building Size

1,200 SF

Asset Type

Retail

Closing

Oct 24, 2023

About this deal

AI

Located in Garden City Park, Long Island, the retail property at 2135 Jericho Turnpike has recently been leased. The lease transaction was facilitated by the broker representatives Luca DiCiero, Giuseppe Gregorio, and Claudia Pereira from NY Space Finders. The asset, spanning approximately 1,200 square feet, is a ground lease with an asking rent of $30 per square foot.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 2135 Jericho Turnpike, Garden City Park, Long Island
  • Market: Long Island
  • Landlord: Augusto Pereira
  • Tenant: Hamza Khamisa
  • Brokers: Luca DiCiero, Giuseppe Gregorio & Claudia Pereira from NY Space Finders
  • Asking Rent: $30 per square foot
  • Lease Type: Ground Lease
  • Lease Term: 5 years with an option to renew

The deal involved Augusto Pereira as the landlord and Hamza Khamisa as the tenant. Luca DiCiero, Giuseppe Gregorio, and Claudia Pereira from NY Space Finders represented both parties in the lease transaction. This lease is for a term of 5 years, with an option to renew. The property, located at 2135 Jericho Turnpike, is part of the retail market in Garden City Park, Long Island.

Players

Luca DiCiero

NY Space Finders

Broker

$128.9M

vol

155 deals

Broker

New Hyde Park Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

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Deal FAQ

About $30 per square foot on a published $30 for 1,200 square feet (2023).

Visit Luca DiCiero to view all their deals.

Browse New Hyde Park retail leases on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

528766.67%

Cash-on-Cash

-151123.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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