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US Auto City Leases Industrial Space In Long Island City, Queens

Property Image
LEASED
$50
Luca DiCiero
Damian Dakas
+ 1

New York

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Industrial8,500 SF
Leased 11/01/2023
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Property Image
LEASED

US Auto City Leases Industrial Space In Long Island City, Queens

47-01 Northern Boulevard

See Similar Deals
Industrial8,500 SF
Leased 11/01/2023
Luca DiCiero
Damian Dakas
+ 1
Contact now

Summary

NEW YORK
Asset Type:Industrial
Price Per Square Foot:$50
Total Square Footage:8,500 SF
Transaction Type:Lease

The industrial property located at 47-01 Northern Boulevard in Long Island City, Queens has been leased to US Auto City. The property spans approximately 8,500 square feet and is owned by Ashley Cho. The lease was facilitated by brokers Luca DiCiero, Faisal Gilani, and Damian Dakas of NY Space Finders. The lease type is a modified gross lease, with an asking rent of $50 per square foot.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 47-01 Northern Boulevard, Long Island City, Queens
  • Market: Long Island City, Queens
  • Landlord: Ashley Cho
  • Tenant: US Auto City
  • Brokers: Luca DiCiero, Faisal Gilani, and Damian Dakas - NY Space Finders
  • Asking Rent: $50/ft
  • SF: 8,500
  • Lease Type: Modified Gross Lease

In this transaction, Luca DiCiero, Faisal Gilani, and Damian Dakas from NY Space Finders played a crucial role as brokers, successfully facilitating the lease between Ashley Cho, the landlord, and US Auto City, the tenant.

Players

Faisal Gilani
46 deals$27.4M volume(925) 285-3075
BROKER

Luca DiCiero
NY Space Finders
151 deals$124.3M volume(347) 242-0353
BROKER

Damian Dakas
NY Space Finders
8 deals$9.8M volume(516) 840-2002
BROKER

Details

LEASED
IMAGE: Luca DiCiero, Faisal Gilani & Damian Dakas DATE: 11/01/2023 ADDRESS: 47-01 Northern Boulevard MARKET: Long Island City, Queens ASSET TYPE: Industrial LANDLORD: Ashley Cho (@AYCProperties) TENANT: US Auto City BROKERS: Luca DiCiero, Faisal Gilani (@Faisal_Gilani_CRE) & Damian Dakas (@D_Dakas) - NY Space Finders (@NYSpaceFinders) ASKING RENT: $50/ft ~ SF: 8,500 LEASE TYPE: Modified Gross Lease

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Deal Type
Effective Rent (Annual)

$487,214.87

Total Lease Value

$4,872,148.71

Net Landlord Cash Flow$487,214.87