Updated Oct 14, 2026
Matatov Family Leases 5,900 SF Commercial Space To The Children's Play Gym In Flushing
77-63 Vleigh Place
$65
$65/SF
Building Size
5,900 SF
Asset Type
Commercial
Closing
Sep 17, 2026
About this deal
AI
This commercial asset, located at 77-63 Vleigh Place in Flushing, is leased at an asking rent of $65 per square foot. The total space encompasses 5,900 square feet and operates under a single net lease for a duration of 10 years.
Summary of transaction details:
- Property Type: Commercial
- Transaction Amount: $65/ft
- Lease Term: 10 Years
- Lease Type: Single Net Lease
- Landlord: Matatov Family
- Tenant: The Children's Play Gym
- Broker: Nathan Aballi - Ember Realty
Nathan Aballi from Ember Realty facilitated the leasing transaction connecting the Matatov Family with The Children's Play Gym. Ember Realty specializes in brokerage services across Manhattan, Brooklyn, Queens, and the Bronx, enhancing opportunities for landlords and tenants alike.
On the Map
$65
$65/SF
Commercial
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Players
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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