Deborah Kashanian Facilitates NNN Lease For NUVERA At 36 Glen Cove Road In Roslyn Heights
36 Glen Cove Road
$50
$50/SF
Building Size
5,000 SF
Asset Type
Retail
Closing
Nov 1, 2023
About this deal
AI
The retail property located at 36 Glen Cove Road in Roslyn Heights has been leased. The tenant, NUVERA - 2BO Group Inc., has signed a lease agreement for the property. The lease type is NNN Lease, and the asking rent is $50 per square foot. The total square footage of the property is 5,000 square feet.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Lease
- Tenant: NUVERA - 2BO Group Inc.
- Asking Rent: $50/ft
- Square Footage: 5,000
- Lease Type: NNN Lease
The lease transaction was facilitated by Deborah Kashanian from Daniel Gale Sotheby’s International Realty, who represented the tenant, NUVERA - 2BO Group Inc.
Roslyn Heights 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