LEASEDRetail
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
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.
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