Goodwill Industries Signs Office Lease At 31-75 23rd Street In Astoria
31-75 23rd Street
$45
$45/SF
Building Size
5,500 SF
Asset Type
Office
Closing
Jan 11, 2024
AI
The office building located at 31-75 23rd Street in Astoria has been leased. The property spans approximately 5,500 square feet and the lease was signed on January 11, 2024.
Summary of Transaction Details
- Property Type: Office
- Lease Type: Office Lease
- Asking Rent: $45 per square foot
- Landlord: Edward Cohen, Jeffrey Chera, and Ralph Chera
- Tenant: Goodwill Industries
- Brokers: George Skaliarinis and Mark Gallucci of KSR
Edward Cohen, Jeffrey Chera, and Ralph Chera, acting as landlords, have leased the office space at 31-75 23rd Street to Goodwill Industries. The lease was facilitated by George Skaliarinis and Mark Gallucci of KSR, who represented both the landlord and the tenant in this transaction.
Players
Astoria 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
352511.11%
Cash-on-Cash
-100748.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93