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Gersh Academy Signs Lease For Retail Space In Jamaica

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LEASED

New York

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Retail11,448 SF
Leased 08/30/2021
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Property Image
LEASED

Gersh Academy Signs Lease For Retail Space In Jamaica

113-05 Springfield Blvd, Jamaica, NY, USA

See Similar Deals
Retail11,448 SF
Leased 08/30/2021
Contact now

Summary

NEW YORK
Asset Type:Retail
Total Square Footage:11,448 SF
Transaction Type:Lease

A retail property located at 113-05 Springfield Blvd. in Jamaica has been leased. The property has a total square footage of 11,448 sqft. The lease transaction was completed on 08/30/2021. The tenant, Gersh Academy, will occupy the space. The landlord, RJ Capital Holdings, facilitated the lease deal.

Summary of transaction details

  • Property Type: Retail
  • Transaction Date: 08/30/2021

Michelle Abramov from Asset Commercial Realty Group (AssetCRG) represented Gersh Academy as their broker in the deal. The asking rent for the property was $45 per square foot.

Players

Michelle Abramov
26 deals$64.9M volume(718) 663-2652
BROKER

RJ Capital Holdings
LANDLORD

Details

LEASED
IMAGE: Michelle Abramov DATE: 08/30/2021 ADDRESS: 113-05 Springfield Blvd. MARKET: Jamaica ASSET TYPE: Retail TENANT: Gersh Academy LANDLORD: RJ Capital Holdings BROKER: Michelle Abramov (@Michelle_Abrams1993) - Asset Commercial Realty Group (AssetCRG) (@AssetCRG) ASKING RENT: $45/ft. ~ SF: 11,448

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Deal Type
Effective Rent (Annual)

$656,192.45

Total Lease Value

$6,561,924.52

Net Landlord Cash Flow$656,192.45