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Happy City Adult Day Care Leases Community Facility Space At 42-34 Saull Street In Flushing

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LEASED

New York

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MultiFamily12,189 SF
Leased
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LEASED

Happy City Adult Day Care Leases Community Facility Space At 42-34 Saull Street In Flushing

4234 Saull Street, Flushing, NY 11355, USA

See Similar Deals
MultiFamily12,189 SF
Leased
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Summary

NEW YORK
Asset Type:MultiFamily
Total Square Footage:12189 SF
Transaction Type:Lease

42-34 Saull Street in Flushing has been leased to Happy City Adult Day Care for $33 per square foot. The property, totaling 12,189 square feet, will serve as a community facility space.

Summary of transation details

  • Property Type: Lease
  • Transaction Amount: $33/SF
  • Date: 01/06/2020
  • Address: 42-34 Saull Street, Flushing
  • Market: Flushing
  • Tenant: Happy City Adult Day Care - Rui Qin Dai
  • Landlord: Marx Realty
  • Brokers: Stephen R. Preuss, Adam Malitz, Kevin Louie

The deal was facilitated by brokers Stephen R. Preuss, Adam Malitz, and Kevin Louie.

Players

Kevin Louie
125 deals$1B volume(718) 663-2642
BROKER


Stephen R. Preuss Sr.
Ripco
258 deals$2B volume(718) 663-2639
BROKER

LANDLORD

Details

LEASED
IMAGE: Adam Malitz, Stephen R. Preuss, Kevin Louie DATE: 01/06/2020 ADDRESS: 42-34 Saull Street MARKET: Flushing TENANT: Happy City Adult Day Care - Rui Qin Dai LANDLORD: Marx Realty BROKERS: Stephen R. Preuss, Adam Malitz, Kevin Louie ASKING RENT: $33 SF: 12,189 NOTE: 42-34 Saull Street, Flushing leased to Happy City Adult Day Care for $33 / SF, community facility space.

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Deal Type
Effective Rent (Annual)

$698,666.12

Total Lease Value

$6,986,661.25

Net Landlord Cash Flow$698,666.12