Jonah Krieger & Josh Perlman Lease Office Space To Ivan Baca & Associates In Elmhurst
82-16 Roosevelt Avenue & 82-20 Roosevelt Avenue
$120
$120/SF
Building Size
500 SF
Asset Type
Office
Closing
Sep 22, 2026
About this deal
AI
The transaction involves an office asset located at 82-16 Roosevelt Avenue & 82-20 Roosevelt Avenue in the Elmhurst market. The lease has a term of 5 years and is structured as a Modified Gross Lease, with an asking rent of $120 per square foot for a total area of 500 square feet.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $120/ft
- Lease Term: 5 years
- Lease Type: Modified Gross Lease
- Address: 82-16 Roosevelt Avenue & 82-20 Roosevelt Avenue
- Market: Elmhurst
- Landlord: Jonah Krieger & Josh Perlman
- Tenant: Ivan Baca & Associates; Hello Printy
- Brokers: Chaim Zagelbaum & Josh Augenbaum - Augenbaum Realty
- Square Footage: 500
The spaces were leased out within 60 days of the signed exclusive agreement. For leasing needs in the five boroughs and Long Island, inquiries can be directed to [email protected].
On the Map
$120
$120/SF
Office
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Players
Jackson Heights Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
132191.67%
Cash-on-Cash
-37780.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93