Mama's Halal Meat & Fish Leases Retail Space In Queens
37-03 73rd Street, Queens, New York 11372, United States
Building Size
1,200 SF
Asset Type
Retail
Closing
Apr 17, 2022
About this deal
AI
The retail property located at 37-03 73rd St. in Queens has been leased out. The transaction took place on April 18, 2022. The asset spans a total of 1,200 square feet. The property was leased by Mama's Halal Meat & Fish Inc. The landlord for this space is Ajay Chawla. Yvonne Zhu from Yvonne Zhu Commercial acted as the broker for this transaction.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not Available
- Asking Rent: $150 per square foot
- Address: 37-03 73rd St., Queens
- Market: Queens
For more Investment Sale, Capital Market & Development deals, interested parties can contact Yvonne Zhu at 929.366.6682.
Players
New York 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