Nicholas Stefanou Leases Office Space At 36-16 13th Street To Power Concrete For 2 Years
LEASED
$24
New York
See Similar DealsOffice2,000 SF
Leased 08/09/2024
LEASED
Nicholas Stefanou Leases Office Space At 36-16 13th Street To Power Concrete For 2 Years
36-16 13th Street
See Similar DealsOffice2,000 SF
Leased 08/09/2024
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$24
Total Square Footage:2,000 SF
Transaction Type:Lease
The property involved in this transaction is an office asset located at 36-16 13th Street in Long Island City. The asking rent for this space is $24 per square foot, with a total area of 2,000 square feet. The lease term agreed upon is for 2 years, under a Single Net Lease structure.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $24/ft
- Lease Term: 2 years
- Lease Type: Single Net Lease
- Landlord: Nicholas Stefanou
- Tenant: Power Concrete
- Broker Representatives: Steve Lelekidis & Dimitrios Koufakos - Modern Spaces
The deal features broker representatives Steve Lelekidis and Dimitrios Koufakos, who are associated with Modern Spaces. They facilitated the leasing process between the landlord, Nicholas Stefanou, and the tenant, Power Concrete, ensuring both parties reached a mutually agreeable lease arrangement.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$55,026.62
Total Lease Value
$550,266.21
Net Landlord Cash Flow$55,026.62
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