Mayahuel Inc. Leases Restaurant Space In Astoria, Queens
32-07 34th Avenue, Queens, New York 11106, United States
Building Size
2,500 SF
Asset Type
Retail
Closing
Mar 6, 2022
About this deal
AI
An Astoria, Queens restaurant located at 3207 34th Ave. has recently been leased. The lease transaction was handled by brokers Luca DiCiero and Faisal Gilani from NY Space Finders. The restaurant, owned by Mayahuel Inc., will be renting the space from landlord Niko Dizdar.
Summary of transaction details:
- Property Type: Restaurant
- Address: 3207 34th Ave., Astoria, Queens
- Market: Astoria, Queens
- Landlord: Niko Dizdar
- Tenant: Mayahuel Inc.
- Brokers: Luca DiCiero & Faisal Gilani - NY Space Finders
- Asking Rent: $45/ft.
- Square Footage: 2,500 SF
This deal signifies the lease of a restaurant space in Astoria, Queens. Luca DiCiero and Faisal Gilani from NY Space Finders represented Mayahuel Inc. as their brokers in this transaction. The space, measuring approximately 2,500 square feet, will be rented from Niko Dizdar, the landlord of the property.
Players
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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