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224 26th Street

Yitzchok Katz Leases Mixed-Use Space To Astoria Day Care In Astoria Queens For $35/ft
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

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:

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.

Players

Eli Yadid

Kassin Sabbagh Realty

Broker

$16M

vol

41 deals

Broker
Yitzchok Katz

Yitzchok Katz

Landlord

$722.5M

vol

12 deals

Landlord
MC
Mosholu Montefiore Community CenterTenant

Brooklyn Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Lease transactions

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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