Stellar Management Leases Retail Space To DOPA Jiu-Jitsu At 35-01 36th Avenue
35-01 36th Avenue
$75
$75/SF
Building Size
1,750 SF
Asset Type
Retail
Closing
Jul 31, 2026
AI
The property asset involved in this transaction is a retail space located at 35-01 36th Avenue in the Astoria market. The lease type is a Single Net Lease with a price of $75 per square foot for a total area of 1,750 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $131,250
- Landlord: Stellar Management
- Tenant: DOPA Jiu-Jitsu
- Brokers: James Famularo & Jordan Langer - Meridian Capital Group
- Date: 07/31/2026
This transaction was facilitated by brokers James Famularo and Jordan Langer, who represent the parties involved. Their negotiation skills helped secure this lease agreement in the competitive Astoria market.
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
211506.67%
Cash-on-Cash
-60449.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93