Kotofit Leases 10,000 SF Industrial Space At 43-56 10th Street Long Island City For $36/ft
LEASED
$36
New York
See Similar DealsIndustrial10,000 SF
Leased
LEASED
Kotofit Leases 10,000 SF Industrial Space At 43-56 10th Street Long Island City For $36/ft
43 56 10th Street
See Similar DealsIndustrial10,000 SF
Leased
Summary
NEW YORK
Asset Type:Industrial
Price Per Square Foot:$36
Total Square Footage:10,000 SF
Transaction Type:Lease
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.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$412,699.66
Total Lease Value
$4,126,996.55
Net Landlord Cash Flow$412,699.66
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