Swan Spa Leases Retail Space At 36 Glen Street In Glen Cove, Nassau County, NY
36 Glen Cove Avenue
$22
$22/SF
Building Size
2,500 SF
Asset Type
Retail
Closing
Oct 24, 2022
About this deal
AI
The retail property located at 36 Glen Street in Glen Cove, Nassau County has been leased. The tenant, Spahh LLC & DBA Swan Spa, represented by Shulan Zhao, will be occupying the space. The landlord for this transaction is John Frankis. The deal was facilitated by Luca Di Ciero and Giuseppe Gregorio of NYSpace Finders.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Lease
- Address: 36 Glen Street
- Market: Glen Cove, Nassau County
Luca Di Ciero and Giuseppe Gregorio represented Spahh LLC & DBA Swan Spa in this lease transaction. They are brokers from NYSpace Finders.
Players
Glen Cove 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
721045.45%
Cash-on-Cash
-206077.00%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93