Dr Smood Leases 5000 Square Feet At 4716 Austel Pl In Long Island City From Vanbarton Group
LEASED
New York
See Similar DealsOffice5,000 SF
Leased 08/01/2016
LEASED
Dr Smood Leases 5000 Square Feet At 4716 Austel Pl In Long Island City From Vanbarton Group
4716 Austel Pl, Queens, NY, 11101
See Similar DealsOffice5,000 SF
Leased 08/01/2016
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:5,000 SF
Transaction Type:Lease
The property involved in this transaction is located at 4716 Austel Pl, Queens, NY, 11101, within the Long Island City market. It encompasses a total of 5,000 square feet. This lease agreement pertains to a commercial space tailored for operational use.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Address: 4716 Austel Pl, Queens, NY, 11101
- Market: Long Island City
- Tenant: Dr Smood
- Landlord: Vanbarton Group
- Square Feet: 5,000
- Broker: Jordan Gosin, Newmark
The key individuals involved in this transaction include the tenant, Dr Smood, which is a company known for its health-conscious food offerings. The landlord is the Vanbarton Group, a real estate investment and development firm. The deal was represented by broker Jordan Gosin from Newmark, who facilitated the leasing process between the tenant and landlord.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$286,596.98
Total Lease Value
$2,865,969.83
Net Landlord Cash Flow$286,596.98
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