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64-02 108th Street

Updated Oct 29, 2024

Centers Urgent Care Leases Retail Space At 64-02 108th Street In New York City
LEASEDRetail

Centers Urgent Care Leases Retail Space At 64-02 108th Street In New York City

64-02 108th Street

$100

$100/SF

Building Size

3,000 SF

Asset Type

Retail

Closing

Nov 15, 2022

About this deal

AI

A retail property located at 64-02 108th Street in New York City has been leased. The property, spanning 3,000 square feet, was leased by Centers Urgent Care from the landlord, Malachite Group.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Lease
  • Address: 64-02 108th Street, New York City
  • Tenant: Centers Urgent Care
  • Landlord: Malachite Group

Nick Zweig from Locations Commercial Real Estate represented the landlord in this lease deal.

The retail lease at 64-02 108th Street in Queens, New York leased for $100 in 2022. The building is 3,000 square feet, implying about 100 per square foot on the published price. Named participants on the 64-02 108th Street lease are Nick Zweig. This page is the Queens, New York file for the 64-02 108th Street retail leased: pricing, party profiles, and other closed retail comps from the same Queens sit in the Market section below. Filter that Queens retail set by closing date to see what else leased near 64-02 108th Street around 2022. Published consideration for 64-02 108th Street is $100, dated 2022. Cite this Centers Urgent Care Leases Retail Space At 64-02 108th Street In New York City lease when underwriting similar retail product around Queens, New York.

On the Map

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$100

$100/SF

Retail

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Players

Nick Zweig

Broker

$14.4M

vol

11 deals

Broker
MG
Malachite GroupLandlord
CC
Centers Urgent CareTenant
Bilt advertisement

Queens Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

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Deal FAQ

About $100 per square foot on a published $100 for 3,000 square feet (2022).

Visit Nick Zweig to view all their deals.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

158630.00%

Cash-on-Cash

-45336.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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