Pervez Khan Leases Retail Space At 279 Glen Street Glen Cove For $30/ft With Landlord Rose Caruso
279 Glen Street
$30
$30/SF
Building Size
1,000 SF
Asset Type
Retail
Closing
Sep 3, 2026
About this deal
AI
The property asset involved in this transaction is a retail space located at 279 Glen Street, Glen Cove. The asking rent is set at $30 per square foot, with a total area of 1,000 square feet. The lease term consists of a 5-year lease with an additional 5-year option, specifically structured as a retail lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $30/ft
- Lease Term: 5 Year Lease with 5 Year Option
- Lease Type: Retail Lease
- Landlord: Rose Caruso
- Tenant: Pervez Khan
- Brokers: Luca DiCiero & Giuseppe Gregorio - NY Space Finders
Key individuals in this transaction include landlord Rose Caruso and tenant Pervez Khan. The deal was facilitated by brokers Luca DiCiero and Giuseppe Gregorio, representing the tenant, Pervez Khan, under their agency, NY Space Finders.
On the Map
$30
$30/SF
Retail
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Players
Glen Cove 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
528766.67%
Cash-on-Cash
-151123.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93