Uber Leases 11000 Square Feet At 3100 47th Ave Long Island City Represented By JLL
LEASED
New York
See Similar DealsOffice11,000 SF
Leased 08/09/2016
LEASED
Uber Leases 11000 Square Feet At 3100 47th Ave Long Island City Represented By JLL
3100 47th Ave, Queens, NY, 11101
See Similar DealsOffice11,000 SF
Leased 08/09/2016
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:11,000 SF
Transaction Type:Lease
The property involved in this transaction is located at 3100 47th Ave, Queens, NY, 11101, within the Long Island City market. Uber has signed an 11-year lease for 11,000 square feet on the ground floor of the Falchi Building. This lease increases Uber's total occupancy in the building to 25,000 square feet, which includes an additional 2,200 square feet leased on the second floor in the previous October.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Square Feet: 11,000
- Address: 3100 47th Ave, Queens, NY, 11101
- Market: Long Island City
- Tenant: Uber
- Landlord: Jamestown
- Tenant's Representative: Daniel Turkewitz (JLL)
- Brokers: Alexander Chudnoff (JLL)
The deal features representation from JLL, with Alexander Chudnoff and Daniel Turkewitz acting for Uber throughout the transaction. Jamestown was represented by a team comprising C&W and JRT Realty.
Players
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$630,513.36
Total Lease Value
$6,305,133.62
Net Landlord Cash Flow$630,513.36
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