EAC Inc. Leases 2000 Square Feet At 12034 Queens Blvd Kew Gardens Represented By Carmine Inserra And Carri Lyon
12034 Queens BLVD, Queens, NY, 114...
Building Size
2,000 SF
Asset Type
Office
Closing
Nov 19, 2023
AI
The property involved in this transaction is located at 12034 Queens BLVD, Queens, NY, within the Kew Gardens market. The lease agreement encompasses a total area of 2,000 square feet.
Summary of transaction details:
- Property Type: LEASE
- Transaction Amount: Not Provided
- Address: 12034 Queens BLVD, Queens, NY
- Market: Kew Gardens
- Tenant: EAC, Inc.
- Landlord: ACMH
- Tenant's Representative: Carmine Inserra (NAI Long Island)
- Landlord's Representative: Carri Lyon (Cushman & Wakefield)
This transaction involved key representatives in the deal, with Carmine Inserra representing EAC, Inc. and Carri Lyon representing ACMH. Their roles were crucial in facilitating the lease agreement.
Players
Kew Gardens Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93