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Tsering Dolkar Gurung Leases Mixed-Use Space At 231 Jericho Turnpike With Landlord Liang Liang Hao

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LEASED
$40
Li (Barbie) Li
Moataz (Mo) Elshamy

New York

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Mixed-use3,100 SF
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LEASED

Tsering Dolkar Gurung Leases Mixed-Use Space At 231 Jericho Turnpike With Landlord Liang Liang Hao

231 Jericho Turnpike

See Similar Deals
Mixed-use3,100 SF
Leased
Li (Barbie) Li
Moataz (Mo) Elshamy
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$40
Total Square Footage:3100 SF
Transaction Type:Lease

The property asset involved in this transaction is a mixed-use space located at 231 Jericho Turnpike in New Hyde Park. The lease is for a modified gross lease type with an asking rent of $40 per square foot covering a total area of 3,100 square feet.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $40/ft
  • Address: 231 Jericho Turnpike
  • Market: New Hyde Park
  • Landlord: Liang Liang Hao
  • Tenant: Tsering Dolkar Gurung
  • Landlord's Representative: Barbie Li - B Square Realty
  • Tenant's Representative: Moataz (Mo) Elshamy - Integrity Core Realty
  • Lease Type: Modified Gross Lease
  • Square Footage: 3,100

Barbie Li represented the landlord in this transaction while Moataz (Mo) Elshamy represented the tenant. The lease marks a strategic expansion for the tenant, who is a well-established Nepali-Indian fusion restaurant group. The decision to lease in New Hyde Park was influenced by strong demographics and community demand for global cuisine, emphasizing the strategic partnership between the landlord and tenant to enhance neighborhood value.

Players

Li (Barbie) Li
B Square Realty
Li Li
46 deals$83.2M volume(646) 889-9988
BROKER
Moataz (Mo) Elshamy
Integrity Core Realty
Moataz Elshamy
1 deal(646) 702-7229
BROKER
B Square Realty
B Square Realty
BROKERAGE

Details

LEASED
IMAGE: Barbie Li DATE: 9/26/2025 ADDRESS: 231 Jericho Turnpike MARKET: New Hyde Park ASSET TYPE: Mixed-use LANDLORD: Liang Liang Hao TENANT: Tsering Dolkar Gurung LANDLORD'S REP: Barbie Li (@BarbieLiBroker) - B Square Realty (@BSquareRealty) TENANT'S REP: Moataz (Mo) Elshamy - Integrity Core Realty ASKING RENT: $40/ft ~ SF: 3,100 LEASE TYPE: Modified Gross Lease NOTE FROM BROKER: We’re proud to announce the successful lease of a prime retail space at 231 Jericho Turnpike, New Hyde Park to a well-established Nepali-Indian fusion restaurant group with thriving locations across North America. This marks their first New York outpost—a strategic step in their U.S. expansion. From the start, our team knew this wasn’t just about leasing a storefront—it was about unlocking value for both sides. We worked closely with the tenant to evaluate market fit across neighborhoods. Ultimately, New Hyde Park stood out: strong demographics, high visibility, and a community eager for global cuisine. The property received multiple offers within days. But for us, success isn’t just speed—it’s strategic alignment. We partnered with the landlord to assess operators not just on rent, but brand strength, operational record, and neighborhood impact. The chosen tenant brings experience, a loyal customer base, and a vibrant concept that speaks to today’s food-savvy audience. This lease delivers more than rent: it brings fresh energy, steady foot traffic, and long-term value. Whether you're a landlord seeking a stable tenant or a brand expanding into NYC, our team brings market insight, strategic focus, and a track record of efficient deals. 📞 Contact us at 646-889-9988 or [email protected] Let’s position your next retail deal for success.

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Total Lease Value

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Net Landlord Cash Flow$142,152.10