Northstar KIA Leases Industrial Property In Woodside, Queens For $23/ft
LEASED
New York
See Similar DealsIndustrial23,000 SF
Leased 05/06/2022
LEASED
Northstar KIA Leases Industrial Property In Woodside, Queens For $23/ft
53 37th Avenue, Queens, New York 11101, United States
See Similar DealsIndustrial23,000 SF
Leased 05/06/2022
Summary
NEW YORK
Asset Type:Industrial
Total Square Footage:23,000 SF
Transaction Type:Lease
An industrial property located at 53-05 37th Ave in Woodside, Queens has been leased. The transaction took place on 05/06/2022. The asset has a size of 23,000 square feet and is situated in the Woodside market.
Summary of transaction details
- Property Type: Industrial
- Date: 05/06/2022
- Address: 53-05 37th Ave
- Market: Woodside, Queens
The landlord of the property is Ryan Mehra, while the new tenant is Northstar KIA represented by Robert Xerri. Luca DiCiero from NY Space Finders Inc. acted as the tenant's representative, and Kostas Alafoyiannis from Greiner-Maltz Company of NY Inc. represented the landlord, Ryan Mehra.
The asking rent for the lease was $23 per square foot, with a total size of 23,000 square feet.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,318,346.12
Total Lease Value
$13,183,461.21
Net Landlord Cash Flow$1,318,346.12
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