Speedway Sells Retail Property At 148-27 Liberty Avenue Jamaica For $3.3M With Solly Dweck
SOLD
$3,300,000
New York
See Similar DealsRetail300 SF
Sold 05/29/2026
SOLD
Speedway Sells Retail Property At 148-27 Liberty Avenue Jamaica For $3.3M With Solly Dweck
148-27 Liberty Avenue
See Similar DealsRetail300 SF
Sold 05/29/2026
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$11,000
Total Square Footage:300 SF
Transaction Type:Sale
The property asset involved in this transaction is a retail space located at 148-27 Liberty Avenue in the Jamaica market. The sale price for the asset was $3,300,000, which encompasses a total square footage of 300, translating to a price per square foot of $11,000.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,300,000
- Address: 148-27 Liberty Avenue
- Market: Jamaica
- Square Footage: 300
- Price per Square Foot: $11,000
- Seller: Speedway
- Broker: Solly Dweck - Encore NYC
- Date of Sale: 5/29/2026
Solly Dweck represented the seller, Speedway, in this transaction. The deal was successfully closed, with Dweck expressing pride in facilitating the agreement and congratulating all parties involved.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$175,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,724.21
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,643.68
Annual Debt Service$187,724.20
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