Yingying Xu & Xiaoyan Chen Lease Retail Space At 3010 Jericho Turnpike, East Northport
3010 Jericho Turnpike
$24
$24/SF
Building Size
4,000 SF
Asset Type
Retail
Closing
Jan 25, 2023
About this deal
AI
The retail property located at 3010 Jericho Turnpike in East Northport has been leased. The property spans 4,000 square feet and was leased for an asking rent of $24 per square foot.
Summary of transation details
- Property Type: Retail
- Transaction Amount: Leased
- Address: 3010 Jericho Turnpike, East Northport
- Square Footage: 4,000
The landlord for this transaction is Nini Liu, and the tenants are Yingying Xu and Xiaoyan Chen. The lease deal was facilitated by Barbie Li from B Square Realty. Barbie Li specializes in commercial leases and sales and has successfully signed leases for over 10,000 square feet in the past month in Queens and Long Island. She can be contacted at [email protected] for more information on off-market deals.
Players
East Northport 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
660958.33%
Cash-on-Cash
-188903.92%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93