Ramed Film Studios Leases Retail Space In Jamaica For $45/ft
9222 Guy R Brewer Boulevard, Jamaica, NY 11433, USA
Building Size
5,500 SF
Asset Type
Retail
Closing
May 2, 2021
AI
Located at 9222 Guy R. Brewer Blvd in Jamaica, this retail property was recently leased by Ramed Film Studios. The lease transaction was facilitated by S6 Management, represented by Shalev Shoshani. The property spans approximately 5,500 square feet and commanded an asking rent of $45 per square foot.
Summary of transation details
- Property Type: Retail
- Transaction Amount: Lease
- Address: 9222 Guy R. Brewer Blvd
- Market: Jamaica
Shalev Shoshani, of S6 Management, served as the representative for the landlord in this transaction with Ramed Film Studios.
Players
New York 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93