facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Office

/

Lease

/

31-75 23rd Street

Goodwill Industries Signs Office Lease At 31-75 23rd Street In Astoria
LEASEDOffice

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

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

George Skaliarinis

Kassin Sabbagh Realty

Broker

$7M

vol

53 deals

Broker
Ralph Chera

Ralph Chera

Landlord

4 deals

Landlord
GI
Goodwill IndustriesTenant

Astoria Office Market Snapshot

Boundary boundary · Office · Lease transactions

Loading comparables…

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