Rock Fitness Signs 20-Year Lease At 71-17 Roosevelt Avenue In Jackson Heights With Werber Real Estate
LEASED
New York
See Similar DealsMixed-use16,000 SF
Leased 10/01/2025
LEASED
Rock Fitness Signs 20-Year Lease At 71-17 Roosevelt Avenue In Jackson Heights With Werber Real Estate
71 17 Roosevelt Avenue
See Similar DealsMixed-use16,000 SF
Leased 10/01/2025
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$0
Total Square Footage:16,000 SF
Transaction Type:Lease
The property asset involved in this lease transaction is a mixed-use building located at 71-17 Roosevelt Avenue in Jackson Heights, encompassing a total square footage of 16,000 SF.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: Not disclosed
- Lease Term: 20 years
- Lease Type: Modified Gross Lease
- Landlord: Werber Real Estate
- Tenant: Rock Fitness
- Brokers: Adam Heller, Joshua Singer & Stephen Weber - The Heller Organization
- Date: 10/1/2025
This transaction was facilitated by The Heller Organization, represented by brokers Adam Heller, Joshua Singer, and Stephen Weber, who were key individuals in the negotiation of the lease for the tenant, Rock Fitness. The lease showcases a long-term commitment, indicative of strategic planning by both the landlord and tenant.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$917,110.34
Total Lease Value
$9,171,103.45
Net Landlord Cash Flow$917,110.34
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