Popeye's Signs Lease For 2,125 Sq Ft Retail Space At 31-74 Steinway St In Astoria
31-74 Steinway St
$65
$65/SF
Building Size
2,125 SF
Asset Type
Retail
Closing
Jan 1, 2021
About this deal
AI
The property asset involved in this lease transaction is a retail unit located at 31-74 Steinway St in the Astoria market. The space comprises 2,125 square feet and has a rental rate of $65 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Lease Date: 01/01/2021
- Address: 31-74 Steinway St
- Market: Astoria
- Tenant: Popeye's
- Rent/SF: $65
- Square Feet: 2,125.0
The transaction was facilitated by brokers Christian Mazzie and Thomas Caliendo from Tide Realty Group. They played key roles in representing the interests of the parties involved in this lease agreement.
On the Map
$65
$65/SF
Retail
View full map
Players
Astoria Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Deal FAQ
Visit Thomas Caliendo to view all their deals.
Browse Astoria retail leases on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
244046.15%
Cash-on-Cash
-69749.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93