FridgeNoMore Leases Retail Space In Astoria At 23-81 21st Street With Michelle Abramov - Asset Commercial Realty Group (AssetCRG)
23-81 21st Road, Astoria, NY, USA
Building Size
2,243 SF
Asset Type
Retail
Closing
Sep 1, 2021
AI
The property involved in the transaction is a retail space located at 23-81 21st Street in Astoria. The asset spans a total of 2,243 square feet. The lease transaction took place on September 1, 2021. The tenant who leased the space is @FridgeNoMore, and the landlord is Anthony Federici. The asking rent for the retail space was $40 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not mentioned
- Address: 23-81 21st Street
- Market: Astoria
The broker involved in this lease transaction was Michelle Abramov of Asset Commercial Realty Group (AssetCRG).
Players
Astoria 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