BirriaLES Leases Retail Space At 29-21 Ditmars Boulevard With Landlord Solil Management
29 21 Ditmars Boulevard
$100
$100/SF
Building Size
2,000 SF
Asset Type
Retail
Closing
Jun 12, 2025
About this deal
AI
The property involved in this transaction is a retail space located at 29-21 Ditmars Boulevard in East Elmhurst. The asking rent for this lease is set at $100 per square foot, with a total space of 2,000 square feet. The lease type is a modified gross lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $100/ft
- Lease Type: Modified Gross Lease
- Landlord: Solil Management – Jane Goldman
- Tenant: BirriaLES
- Tenant's Representative: Garrett Kelly - Meridian Capital Group
The deal features landlord Solil Management, represented by Jane Goldman, and tenant BirriaLES, with representation provided by Garrett Kelly from Meridian Capital Group. This transaction highlights the involvement of key industry players facilitating the lease agreement.
On the Map
$100
$100/SF
Retail
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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
158630.00%
Cash-on-Cash
-45336.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93