Tacombi Leases Retail Space In Long Island City To Rockrose Development
2710 43rd Ave, Queens, NY, 11101
Building Size
1,800 SF
Asset Type
Retail
Closing
Jan 31, 2020
AI
The retail property located at 2710 43rd Ave, Queens, NY, 11101, in Long Island City, with a size of 1800 square feet, was leased on January 31, 2020. The tenant, Tacombi, secured this space for their business. The transaction was facilitated by Larry Link() and Michael Greenberg(), representing the tenant, while the landlord was Rockrose Development.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not Applicable
- Address: 2710 43rd Ave, Queens, NY, 11101
- Market: Long Island City
- Tenant: Tacombi
- Landlord: Rockrose Development
- Square Feet: 1800
The lease deal for the retail space at 2710 43rd Ave involved key individuals Larry Link() and Michael Greenberg(), who represented the tenant, Tacombi. Rockrose Development acted as the landlord in this transaction.
Players
Long Island City 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