ReadySpaces Leases 90000 SF Industrial Space At 5910 Decatur St, Queens
LEASED
New York
See Similar DealsIndustrial90,000 SF
Leased 11/29/2021
LEASED
ReadySpaces Leases 90000 SF Industrial Space At 5910 Decatur St, Queens
5910 Decatur St, Queens, NY, 11385
See Similar DealsIndustrial90,000 SF
Leased 11/29/2021
Summary
NEW YORK
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:90,000 SF
Transaction Type:Lease
The industrial property located at 5910 Decatur St in Queens, NY, 11385, in the Ridgewood market, has been leased. The asset, spanning 90,000 square feet, was leased by ReadySpaces from the landlord AB & Sons. The lease was facilitated by Steve Nadel of Pinnacle Realty of New York.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not Applicable
- Tenant: ReadySpaces
- Landlord: AB & Sons
- Address: 5910 Decatur St, Queens, NY, 11385
- Market: Ridgewood
- Landlord's Rep: Steve Nadel (Pinnacle Realty of New York)
- Square Feet: 90,000
Steve Nadel from Pinnacle Realty of New York represented the landlord, AB & Sons, in the leasing transaction. The tenant, ReadySpaces, secured the industrial space for their operations, marking a significant agreement in the Ridgewood market.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$5,158,745.69
Total Lease Value
$51,587,456.90
Net Landlord Cash Flow$5,158,745.69
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