Kotofit Leases 10,000 SF Industrial Space At 43-56 10th Street Long Island City For $36/ft

This industrial asset is located at 43-56 10th Street in Long Island City. The property features a total square footage of 10,000 and has an asking rent of $36 per square foot. The lease type agreed upon is a modified gross lease.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $360,000
• Address: 43-56 10th Street
• Market: Long Island City
• Tenant: Kotofit
• Broker: Michael Maunsell - SymmetryCRG

The transaction involved broker Michael Maunsell representing the interests of the tenant, Kotofit. The lease was finalized on June 1, 2025, marking a significant move for the tenant in the Long Island City market.