Passport Health USA Leases Retail Space At 83-15 Parsons Boulevard In Jamaica, Queens
83-15 Parsons Blvd Queens, NY 11432, USA
$50
$50/SF
Building Size
1,012 SF
Asset Type
Retail
Closing
Jun 5, 2023
About this deal
AI
The retail property located at 83-15 Parsons Boulevard in Jamaica, Queens has been leased. The asset consists of 1,012 square feet of space. The tenant for this lease is Passport Health USA. The lease was facilitated by Marc Richter from Commerce Realty Group. The asking rent for the property was $50 per square foot.
Summary of Transaction Details:
- Property Type: Retail
- Transaction Amount: Lease
- Square Footage: 1,012
- Tenant: Passport Health USA
- Broker: Marc Richter - Commerce Realty Group
- Asking Rent: $50 per square foot
Commerce Realty Group, represented by Marc Richter, facilitated the lease for the retail property on 83-15 Parsons Boulevard in Jamaica, Queens. The beautiful new mixed-use development off the Grand Central Parkway still has 2,112 square feet of ground-floor office/retail space available for lease. For more information, interested parties can contact Commerce Realty Group.
Players
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Boundary boundary · Retail · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
317260.00%
Cash-on-Cash
-90673.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93