LEASEDRetail
F45 Leases 3,000 Square Feet Retail Space At 39-11 Queens Blvd In Breezy Point
39-11 Queens Blvd
Building Size
3,000 SF
Asset Type
Retail
Closing
Jan 1, 2023
AI
The asset involved in this transaction is a retail space located at 39-11 Queens Blvd in the Breezy Point market. The total square footage of the property is 3,000.0 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 39-11 Queens Blvd
- Market: Breezy Point
- Square Feet: 3000.0
- Tenant: F45
- Broker: Thomas Caliendo - Tide Realty Group
This lease transaction is represented by broker Thomas Caliendo from Tide Realty Group, who facilitated the arrangement for the tenant, F45, securing the retail space in the Breezy Point area.
Players
Breezy Point 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