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
About this deal
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.
On the Map
Retail
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Players
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