LEASEDMixed-use
Yitzchok Katz Leases Mixed-Use Space To Astoria Day Care In Astoria Queens For $35/ft
224 26th Street
$26,250
$26,250/SF
Building Size
9,000 SF
Asset Type
Mixed-use
Closing
Jul 8, 2026
About this deal
AI
The property asset involved in this transaction is a mixed-use space located at 2-24 26th Avenue - Space A, in the Astoria Queens market. The asking rent for the property is $35 per square foot, with a total area of 9,000 square feet. The lease type is a modified gross lease.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $35/ft
- Square Footage: 9,000
- Address: 2-24 26th Avenue - Space A
- Market: Astoria Queens
- Landlord: Yitzchok Katz
- Tenant: Astoria Day Care
- Brokers: Richard Babeck - Tri State Commercial Realty, Eli Yadid & Rafael Benor - KSR
The key individuals involved in this transaction include landlord Yitzchok Katz and tenant Astoria Day Care. The brokerage team is represented by Richard Babeck from Tri State Commercial Realty, alongside Eli Yadid and Rafael Benor from KSR, highlighting the collaborative effort in executing this lease agreement.
On the Map
$26,250
$26,250/SF
Mixed-use
View full map
Players
Brooklyn Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Lease transactions
Loading comparables…
Deal FAQ
Visit Richard Babeck to view all their deals.
Browse Brooklyn mixed use leases on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
604.30%
Cash-on-Cash
-172.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93