Winner168inc Leases Retail Space At 72-03 Forest Avenue In New York City
72-03 Forest Ave Queens, NY 11385, USA
$55
$55/SF
Building Size
1,000 SF
Asset Type
Retail
Closing
Jul 15, 2023
About this deal
AI
The retail property located at 72-03 Forest Avenue in New York City has recently been leased. The transaction took place on July 15, 2023.
Summary of transaction details
- Property Type: Retail
- Asking Rent: $55/ft
- Square Footage: 1,000
Sher Management, represented by Shulem Herman, acted as the landlord in this lease. Winner168inc will be the tenant occupying the retail space. The brokers involved in the deal were David Quigua and David Korn, who represented EXR.
The retail lease at 72-03 Forest Ave Queens, NY 11385, USA in New York, New York leased for $55 in 2023. The building is 1,000 square feet, implying about 55 per square foot on the published price. David Quigua, David Korn, Shulem Herman, EXR appear on the lease alongside EXR. This page is the New York, New York file for the 72-03 Forest Ave Queens, NY 11385, USA retail leased: pricing, party profiles, and other closed retail comps from the same New York sit in the Market section below. Filter that New York retail set by closing date to see what else leased near 72-03 Forest Ave Queens, NY 11385, USA around 2023. Published consideration for 72-03 Forest Ave Queens, NY 11385, USA is $55, dated 2023. Cite this Winner168inc Leases Retail Space At 72-03 Forest Avenue In New York City lease when underwriting similar retail product around New York, New York.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
288418.18%
Cash-on-Cash
-82430.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93