Ilan Cohen Leases Retail Space At 115-02 Merrick Boulevard To John's Farmer Market
LEASED
$50
New York
See Similar DealsRetail11,000 SF
Leased 09/04/2024
LEASED
Ilan Cohen Leases Retail Space At 115-02 Merrick Boulevard To John's Farmer Market
115-02 Merrick Boulevard
See Similar DealsRetail11,000 SF
Leased 09/04/2024
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$50
Total Square Footage:11,000 SF
Transaction Type:Lease
The property involved in this lease transaction is located at 115-02 Merrick Boulevard in St Albans, Queens. It is a retail asset with a total square footage of 11,000. The asking rent for the space is $50 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $50/ft
- Square Footage: 11,000
- Address: 115-02 Merrick Boulevard
- Market: St Albans, Queens
- Landlord: Ilan Cohen
- Tenant: John's Farmer Market
- Brokers: George Skaliarinis, Mark Gallucci & Solomon Tbeile - KSR
- Lease Type: Retail Lease
The deal features Ilan Cohen as the landlord and John's Farmer Market as the tenant. The transaction was facilitated by brokers George Skaliarinis, Mark Gallucci & Solomon Tbeile, representing KSR in the lease agreement.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$630,513.36
Total Lease Value
$6,305,133.62
Net Landlord Cash Flow$630,513.36
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