Pi Capital Partners Leases Office Space At 136-18 39th Avenue In Flushing For $70/ft
LEASED
$70
New York
See Similar DealsOffice1,550 SF
Leased 07/14/2025
LEASED
Pi Capital Partners Leases Office Space At 136-18 39th Avenue In Flushing For $70/ft
136 18 39th Avenue
See Similar DealsOffice1,550 SF
Leased 07/14/2025
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$70
Total Square Footage:1,550 SF
Transaction Type:Lease
The property involved in this transaction is located at 136-18 39th Avenue in Flushing. It is classified as an office asset with a total square footage of 1,550. The asking rent for this property is set at $70 per square foot, under a Single Net Lease arrangement.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $70/ft
- Square Footage: 1,550
- Address: 136-18 39th Avenue
- Market: Flushing
- Landlord: Pi Capital Partners
- Landlord's Representative: Jerry Pi
This lease transaction features Pi Capital Partners as the landlord, with Jerry Pi representing the landlord. The lease type is noted as a Single Net Lease, highlighting the specifics of the rental agreement involved in this deal.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$124,383.09
Total Lease Value
$1,243,830.91
Net Landlord Cash Flow$124,383.09
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