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37-20 74th Street

Rakesh Dua Leases 3,800 SF Office At 37-20 74th Street To Khan's Tutorial
LEASEDOffice

Rakesh Dua Leases 3,800 SF Office At 37-20 74th Street To Khan's Tutorial

37-20 74th Street

Building Size

3,800 SF

Asset Type

Office

Closing

Jul 30, 2026

AI

The property asset involved in this transaction is an office space located at 37-20 74th Street in the Jackson Heights market, encompassing a total area of 3,800 square feet. It is subject to a Modified Gross Lease.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not disclosed
  • Address: 37-20 74th Street
  • Market: Jackson Heights
  • Landlord: Rakesh Dua
  • Tenant: Khan's tutorial
  • Landlord's Representative: Luca DiCiero & Faisal Gilani - NY Space Finders

The deal involved landlord Rakesh Dua leasing the space to tenant Khan's tutorial, with representation by brokers Luca DiCiero and Faisal Gilani from NY Space Finders, indicating their role in facilitating the agreement between the landlord and tenant.

Players

Faisal Gilani

NY Space Finders

Broker

$27.4M

vol

46 deals

Broker

Rakesh Dua

Navika Capital Group

Landlord

2 deals

Landlord

Nahim Jorge Bonilla

Khan's Tutorial

Tenant

$14.8M

vol

3 deals

Tenant

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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93