Frank Arca Leases Mixed-use Property To Amr Aldoais At 36-17 30th Avenue In Astoria

This mixed-use property, located at 36-17 30th Avenue in Astoria, features a lease agreement with an asking rent of $70 per square foot for a total area of 1,800 square feet. The lease term established is 10 years, and it operates under a modified gross lease structure.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $126,000
• Landlord: Frank Arca
• Tenant: Amr Aldoais
• Landlord's Representative: Yianni Bachas - Amorelli Realty
• Lease Term: 10 Years
• Lease Type: Modified Gross Lease

The deal involves key individuals including Frank Arca as the landlord and Amr Aldoais as the tenant. Yianni Bachas represents the landlord through Amorelli Realty, facilitating this transaction in the Astoria market.