facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Retail

/

Lease

/

403 S Oyster Bay Rd, Plainv...

T.J. Maxx Leases 24,000 SF Retail Space In Plainview NY At Woodbury Plaza
LEASEDRetail

T.J. Maxx Leases 24,000 SF Retail Space In Plainview NY At Woodbury Plaza

403 S Oyster Bay Rd, Plainview, NY, 1...

Building Size

24,000 SF

Asset Type

Retail

Closing

Nov 22, 2023

AI

T.J. Maxx has opened a retail store at 403 S Oyster Bay Rd, Plainview, NY, within the Woodbury Plaza, which encompasses a total area of 102,000 square feet. The store occupies a space of 24,000 square feet, which was previously used by Bed Bath & Beyond.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not disclosed
  • Address: 403 S Oyster Bay Rd, Plainview, NY
  • Landlord's Representative: Robert Delavale
  • Tenant: T.J. Maxx
  • Square Feet: 24,000

Robert Delavale represented the landlord, Breslin Realty, in the lease negotiations on an internal basis. The representative of T.J. Maxx was not disclosed.

Players

Robert Delavale

Broker

3 deals

Broker
TM
TJ MaxxTenant

Plainview Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

Loading comparables…

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