Quality Services For The Autism Community Signs 15-Year Lease For 42000 SF Office In Queens
222 25 Jamaica Avenue
$35
$35/SF
Building Size
42,000 SF
Asset Type
Office
Closing
Oct 20, 2025
AI
The asset involved in this lease transaction is an office space located at 222-25 Jamaica Avenue in Queens. The property encompasses 42,000 square feet and has an asking rent of $35 per square foot.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Lease agreement
- Tenant: Quality Services for the Autism Community
- Lease Term: 15 years
- Landlord's Representative: Joshua Kleinberg, Daniel Mundle, Lars Remole, Samuel Essery - Colliers
- Tenant's Representative: Roy Chipkin - CBRE
Quality Services for the Autism Community, a nonprofit organization based in New York that supports individuals with autism, has secured a long-term lease for the specified office space at the mentioned address.
Queens Village 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
453228.57%
Cash-on-Cash
-129534.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93