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LIC Motor Group Leases Industrial Space In Long Island City, Queens At 47-01 Northern Blvd

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LEASED
Luca DiCiero

New York

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Industrial9,000 SF
Leased 06/01/2020
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LEASED

LIC Motor Group Leases Industrial Space In Long Island City, Queens At 47-01 Northern Blvd

47-01 Northern Boulevard, Long Island City, NY, 11101, USA

See Similar Deals
Industrial9,000 SF
Leased 06/01/2020
Luca DiCiero
Contact now

Summary

NEW YORK
Asset Type:Industrial
Total Square Footage:9,000 SF
Transaction Type:Lease

An industrial property located at 47-01 Northern Blvd. in Long Island City, Queens, was recently leased. The property, with a total square footage of 9,000, was leased for a rent of $31 per square foot.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: Lease

The tenant, LIC Motor Group, will be occupying the leased space. The landlord of the property is Ashley Cho from AYC Properties. The lease deal was facilitated by brokers Luca Diciero and Faisal Gilani from NYSpaceFinders.

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

Details

LEASED
IMAGE: Faisal Gilani & Luca Diciero DATE: 06/01/2021 ADDRESS: 47-01 Northern Blvd. MARKET: Long Island City, Queens ASSET TYPE: Industrial TENANT: LIC Motor Group 🚘 LANDLORD: Ashley Cho @AYCProperties BROKERS: Luca Diciero & Faisal Gilani (@FJG90) @NYSpaceFinders RENT: $31/ft. ~ SF: 9,000

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Deal Type
Effective Rent (Annual)

$515,874.57

Total Lease Value

$5,158,745.69

Net Landlord Cash Flow$515,874.57