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
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