Melissa Inderjit Leases Retail Space In Jamaica, Queens With Broker Solomon Davydov Of Exit Realty First Choice
$48
$48/SF
Building Size
6,000 SF
Asset Type
Retail
Closing
Nov 20, 2023
About this deal
AI
An NNN lease has been signed for a 3,000 square foot retail space located at 80-15 188 Street in Jamaica, Queens. The property was leased by Melissa Inderjit at an asking rent of $48 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: N/A
- Address: 80-15 188 Street, Jamaica, Queens
Representing the tenant, Melissa Inderjit, in this transaction was Solomon Davydov from Exit Realty First Choice.
Melissa Inderjit Leases Retail Space In Jamaica, Queens With Broker Solomon Davydov Of Exit Realty First Choice is logged as a retail lease on Traded (2023). The building is 6,000 square feet, implying about 48 per square foot on the published price. Solomon Davydov, Exit Realty First Choice appear on the lease alongside Exit Realty First Choice. This page is the market file for the Melissa Inderjit Leases Retail Space In Jamaica, Queens With Broker Solomon Davydov Of Exit Realty First Choice retail leased: pricing, party profiles, and other closed retail comps from the same area sit in the Market section below. Cite this Melissa Inderjit Leases Retail Space In Jamaica, Queens With Broker Solomon Davydov Of Exit Realty First Choice lease when underwriting similar retail product.
Players
Market 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
330479.17%
Cash-on-Cash
-94451.96%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93