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6135 Junction BLVD, Queens,...

At Home Leases 133000 Square Feet From Kohl's At 6135 Junction Blvd In Rego Park
LEASEDRetail

At Home Leases 133000 Square Feet From Kohl's At 6135 Junction Blvd In Rego Park

6135 Junction BLVD, Queens, NY, 11374

Building Size

133,000 SF

Asset Type

Retail

Closing

Apr 27, 2020

AI

The property involved in this lease transaction is located at 6135 Junction Blvd, Queens, NY, 11374, in the Rego Park market. It encompasses a total area of 133,000 square feet and has been leased to At Home by Kohl's.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 6135 Junction BLVD, Queens, NY, 11374
  • Market: Rego Park
  • Square Feet: 133,000
  • Tenant: At Home
  • Landlord: Kohl's
  • Tenant's Representative: Jerry Welkis

Key individuals involved in this transaction include Jerry Welkis, who represents the tenant, At Home. The landlord in this lease is Kohl's, facilitating the arrangement with the tenant for the specified property space.

Players

Jerry Welkis

Welco Realty

Broker

8 deals

Broker

Rego Park 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