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92 168th Street

Taco Bell Signs Lease For Retail Space At 92-23 168th Street In New York City With Landlord Omni New York And Broker Greg Parassio - Booth Street
LEASEDRetail

Taco Bell Signs Lease For Retail Space At 92-23 168th Street In New York City With Landlord Omni New York And Broker Greg Parassio - Booth Street

92 168th Street

$65

$65/SF

Building Size

2,500 SF

Asset Type

Retail

Closing

Jan 18, 2023

AI

A retail property located at 92-23 168th Street in New York City has been leased by Taco Bell. The lease transaction was facilitated by Greg Parassio of Booth Street, representing the tenant. The property is owned by Omni New York.

Summary of transaction details

  • Property Type: Retail
  • Asking Rent: $65/ft
  • Square Footage: 2,500

Greg Parassio from Booth Street played a crucial role as Taco Bell's representative in securing the lease for the retail property at 92-23 168th Street in New York City. The deal was finalized with the property owner, Omni New York.

Players

Greg Parassio

Booth Street

Broker

22 deals

Broker
OY
Omni New YorkLandlord
TB
Taco BellTenant

Jamaica 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

244046.15%

Cash-on-Cash

-69749.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93