An office space located at 11-48 46th Road in Long Island City has been leased. The property, measuring approximately 6,500 square feet, was leased by Kinetik. The landlord, Peter Papamichael of The Vorea Group, facilitated the transaction. The lease was brokered by Dimitrios Kapelonis, Austin Roche, Constantinos Kapelonis, and Max Belinsky of BKR Real Estate Group. The asking rent for the space was $42 per square foot.

Summary of transaction details

• Property Type: Office
• Transaction Amount: Not Applicable
• Date: 05/14/2021
• Address: 11-48 46th Road
• Market: Long Island City
• Tenant: Kinetik
• Landlord: The Vorea Group - Peter Papamichael
• Brokers: Dimitrios Kapelonis, Austin Roche, Constantinos Kapelonis, and Max Belinsky of BKR Real Estate Group
• Asking Rent: $42 per square foot

The lease transaction for the office space at 11-48 46th Road in Long Island City was successfully completed. The involvement of Kinetik as the tenant and The Vorea Group, represented by Peter Papamichael, as the landlord, ensured a smooth deal. The transaction was facilitated by the brokers Dimitrios Kapelonis, Austin Roche, Constantinos Kapelonis, and Max Belinsky of BKR Real Estate Group.