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Elite Employment Leases Office Space At 39-01 Main St., Flushing For $60/ft

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LEASED

New York

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Office1,080 SF
Leased 03/01/2022
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LEASED

Elite Employment Leases Office Space At 39-01 Main St., Flushing For $60/ft

39-01 Main Street, Queens, New York 11354, United States

See Similar Deals
Office1,080 SF
Leased 03/01/2022
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Office
Total Square Footage:1,080 SF
Transaction Type:Lease

Elite Employment has leased 1,080 square feet of office space at 39-01 Main St., Flushing. The property is owned by Gerson Properties and the lease was facilitated by broker Michael Wang of Project Queens. The lease transaction took place on 3rd January 2022.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Not mentioned
  • Address: 39-01 Main St., Flushing
  • Landlord: Gerson Properties
  • Tenant: Elite Employment
  • Broker: Michael Wang - Project Queens
  • Asking Rent: $60/ft.
  • Square Footage: 1,080

Downtown Flushing is a major transit hub in Queens, making it an attractive location for businesses. With historically low availability, Elite Employment seized the opportunity to secure prime office space in the area. As an employment agency, they are optimistic about the market rebounding and people returning to work.

Players

Michael Wang
Project Queens
Michael Wang
14 deals
BROKER
GP
Gerson Properties
LANDLORD

Details

LEASED
IMAGE: Michael Wang DATE: 03/01/2022 ADDRESS: 39-01 Main St., MARKET: Flushing ASSET TYPE: Office LANDLORD: Gerson Properties TENANT: Elite Employement BROKER: Michael Wang (@MichaelWangNYC) - Project Queens ASKING RENT: $60/ft. ~ SF: 1,080 NOTE FROM BROKER: Downtown Flushing is a major transit HUB in Queens, which brings national & local tenants alike to it's business district. This transaction is an indication of a local tenant eager to capitalize on prime office space that historically has low availability. Being an employment agency, they are bullish on the market coming back & people getting back to work, & we hope they are right!

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Deal Type
Effective Rent (Annual)

$61,904.95

Total Lease Value

$619,049.48

Net Landlord Cash Flow$61,904.95