Dunkin' Leases Retail Space At 36-19 Ditmars Boulevard Astoria For $50 Per Square Foot
36-19 Ditmars Boulevard
$50
$50/SF
Building Size
1,700 SF
Asset Type
Retail
Closing
Sep 9, 2026
About this deal
AI
The property asset involved in this transaction is located at 36-19 Ditmars Boulevard in the Astoria market. It is categorized as retail space with a total square footage of 1,700. The asking rent for this property was set at $50 per square foot and falls under a Single Net Lease type.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $50/ft
- Square Footage: 1,700
- Address: 36-19 Ditmars Boulevard
- Market: Astoria
- Landlord: Larry Gregoriou
- Tenant: Dunkin'
- Brokers: Luca DiCiero & Faisal Gilani - NY Space Finders
The deal was managed by brokers Luca DiCiero and Faisal Gilani, representing both the landlord and the tenant in this lease agreement. Their expertise facilitated the transaction process, aligning the interests of all parties involved.
On the Map
$50
$50/SF
Retail
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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
317260.00%
Cash-on-Cash
-90673.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93