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26-26 Jackson Avenue, Queen...

Chai Urgent Care Leases Retail Space In Long Island City
LEASEDRetail

Chai Urgent Care Leases Retail Space In Long Island City

26-26 Jackson Avenue, Queens, New York 11101, United States

Building Size

2,700 SF

Asset Type

Retail

Closing

Feb 23, 2022

AI

Chai Urgent Care has recently agreed to lease retail space at 26-26 Jackson Ave. in Long Island City. The property, spanning approximately 2,700 square feet, is owned by Crosstown Limo Realty and represented by Rafael Mordukhaev. The lease transaction was facilitated by Eddie Mamiye and Meyer Dagmy from MODCRE. The agreed upon asking rent for the retail space was $100 per square foot.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: Lease
  • Date: 02/24/2022
  • Address: 26-26 Jackson Ave.
  • Market: Long Island City
  • Landlord: Crosstown Limo Realty - Rafael Mordukhaev
  • Tenant: Chai Urgent Care - Yoni Hadar & Eddy Salameh
  • Brokers: Eddie Mamiye & Meyer Dagmy - MODCRE
  • Asking Rent: $100/ft.
  • Square Footage: 2,700

The lease transaction between Chai Urgent Care and Crosstown Limo Realty for the retail space at 26-26 Jackson Ave. was successfully negotiated with the assistance of Eddie Mamiye and Meyer Dagmy from MODCRE. Chai Urgent Care, represented by Yoni Hadar and Eddy Salameh, will now be operating their urgent care facility at this location in Long Island City.

Players

Meyer Dagmy
Verified Badge

Meyer Dagmy

MOD

Broker

$5.5M

vol

90 deals

Broker
CC
Chai Urgent CareTenant

Eddy Salameh

Chai Urgent Care

Tenant

$1.4M

vol

15 deals

Tenant

New York 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