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12034 Queens BLVD, Queens, ...

EAC Inc. Leases 2000 Square Feet At 12034 Queens Blvd Kew Gardens Represented By Carmine Inserra And Carri Lyon
LEASEDOffice

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

Carri Lyon

Cushman & Wakefield

Broker

$89.4M

vol

22 deals

Broker

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