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3553 Long Beach Rd, Oceansi...

Mixology Clothing Co. Leases 2000 Square Feet At 3553 Long Beach Rd In Oceanside With Farron Roboff As Tenant's Rep
LEASEDRetail

Mixology Clothing Co. Leases 2000 Square Feet At 3553 Long Beach Rd In Oceanside With Farron Roboff As Tenant's Rep

3553 Long Beach Rd, Oceanside, NY...

Building Size

2,000 SF

Asset Type

Retail

Closing

Nov 20, 2023

AI

The property asset involved in the transaction is located at 3553 Long Beach Rd, Oceanside, NY. The leased space encompasses 2,000 square feet. The market for this property is Oceanside.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 3553 Long Beach Rd, Oceanside, NY
  • Market: Oceanside
  • Tenant: Mixology Clothing Co.
  • Tenant's Representative: Farron Roboff-Royal Properties
  • Landlord: Unknown
  • Square Feet: 2000

The deal involves tenant representation by Farron Roboff from Royal Properties, who played a key role in securing this lease for Mixology Clothing Co. Details about the landlord remain undisclosed in this transaction.

Players

Farron Roboff

Royal Properties

Broker

1 deal

Broker

Oceanside 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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93