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61 09 190th Street

Burger Village Leases Retail Space At 61-09 190th Street In Fresh Meadows With Landlord Federal Realty Investment Trust
LEASEDRetail

Burger Village Leases Retail Space At 61-09 190th Street In Fresh Meadows With Landlord Federal Realty Investment Trust

61 09 190th Street

$125

$125/SF

Building Size

5,040 SF

Asset Type

Retail

Closing

Sep 30, 2025

AI

The asset involved in this transaction is a retail property located at 61-09 190th Street in the Fresh Meadows market. It encompasses a square footage of 5,040 and is leased under a Single Net Lease agreement. The asking rent for this property is $125 per square foot.

Summary of transation details:

  • Property Type: Retail
  • Transaction Amount: $125/ft
  • Landlord: Federal Realty Investment Trust
  • Tenant: Burger Village
  • Landlord's Representative: Raj Whadwa - Global Realty Services
  • Lease Type: Single Net Lease

This transaction involves key individuals such as Raj Whadwa, representing the landlord, Federal Realty Investment Trust, while the tenant is Burger Village. The transaction emphasizes the collaboration between the landlord and tenant through the expertise of the representative in securing the lease agreement.

Players

Raj Whadwa

Global Realty Services

Broker

$129.4M

vol

22 deals

Broker
Global Realty Services
Global Realty Services Brokerage
Federal Realty Investment Trust
Federal Realty Investment TrustLandlord

Fresh Meadows 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

126904.00%

Cash-on-Cash

-36269.55%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93