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Quest Diagnostics Leases 2,000 SF Of Multifamily Space In New York City

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LEASED
$70

New York

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MultiFamily2,000 SF
Leased 06/15/2023
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Property Image
LEASED

Quest Diagnostics Leases 2,000 SF Of Multifamily Space In New York City

1041 Coney Island Avenue

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MultiFamily2,000 SF
Leased 06/15/2023
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$70
Total Square Footage:2,000 SF
Transaction Type:Lease

The property involved in this lease transaction is a multifamily asset located at 1041 Coney Island Avenue in New York City. The landlord, Israel Family, has reached an agreement with the tenant, Quest Diagnostics, to lease the space. The landlord's representative in this deal is Meyer Dagmy from MOD, while CBRE represents the tenant. The lease agreement was signed on 06/15/2023.

Summary of transaction details:

  • Property Type: Multifamily
  • Address: 1041 Coney Island Avenue, New York City
  • Tenant: Quest Diagnostics
  • Landlord: Israel Family
  • Landlord's Representative: Meyer Dagmy - MOD
  • Tenant's Representative: CBRE
  • Asking Rent: $70/ft
  • Size: 2,000 sq ft

Note from broker: MOD has been exclusively retained to market 10,000 sq ft of retail space in Ditmas Park. Option Care Health and Quest Diagnostics have already signed on. Currently, there are 2,500 sq ft available on the corner. For more information, please reach out to [email protected].

Players

Meyer Dagmy
87 deals$5.5M volume(718) 249-3613
BROKER


TENANT

Details

LEASED
IMAGE: Meyer Dagmy DATE: 06/15/2023 ADDRESS: 1041 Coney Island Avenue MARKET: New York City ASSET TYPE: Multifamily LANDLORD: Israel Family TENANT: Quest Diagnostics LANDLORD'S REP: Meyer Dagmy - MOD TENANT'S REP: CBRE ASKING RENT: $70/ft ~ SF: 2,000 NOTE FROM BROKER: MOD has been exclusively retained to market 10,000 SF of retail space in Ditmas Park. Option Care Health and Quest Diagnostics have signed on. We currently have 2,500 SF available on the corner. Please reach out to [email protected]

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Deal Type
Effective Rent (Annual)

$160,494.31

Total Lease Value

$1,604,943.10

Net Landlord Cash Flow$160,494.31