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Vincent Liotta Leases Retail Space To Donald Toro In Locust Valley

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LEASED
$30

New York

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Retail1,200 SF
Leased 02/07/2024
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Property Image
LEASED

Vincent Liotta Leases Retail Space To Donald Toro In Locust Valley

141 Birch Hill Road

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Retail1,200 SF
Leased 02/07/2024
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$30
Total Square Footage:1,200 SF
Transaction Type:Lease

Located at 141 Birch Hill Road in Locust Valley, the retail property was leased by Vincent Liotta to tenant Donald Toro. The lease, facilitated by NY Space Finders represented by Luca DiCiero, Giuseppe Gregorio, and Nicholas Evangelista, spans 1,200 square feet with an asking rent of $30 per square foot. The lease term is for 5 years with an option to renew.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not Specified
  • Address: 141 Birch Hill Road
  • Market: Locust Valley
  • Landlord: Vincent Liotta
  • Tenant: Donald Toro
  • Brokers: Luca DiCiero, Giuseppe Gregorio, and Nicholas Evangelista - NY Space Finders
  • Asking Rent: $30/ft
  • Lease Type: Retail Lease
  • Lease Term: 5 years plus option

The collaboration among Vincent Liotta as the landlord, Donald Toro as the tenant, and the broker team of Luca DiCiero, Giuseppe Gregorio, and Nicholas Evangelista played a vital role in finalizing the retail lease transaction at 141 Birch Hill Road in Locust Valley.

Players

Luca DiCiero
151 deals$124.3M volume(347) 242-0353
BROKER

Giuseppe Gregorio
NY Space Finders
51 deals$30.8M volume
BROKER

Nicholas (Nick) Evangelista
NY Space Finders
17 deals$14M volume(516) 385-7725
BROKER

Details

LEASED
IMAGE: Luca DiCiero, Giuseppe Gregorio & Nicholas Evangelista DATE: 02/07/2024 ADDRESS: 141 Birch Hill Road MARKET: Locust Valley ASSET TYPE: Retail LANDLORD: Vincent Liotta TENANT: Donald Toro BROKERS: Luca DiCiero (@NYSpaceFinders), Giuseppe Gregorio (@GiuseppeGregorio) & Nicholas Evangelista (@NicholasEvangelista_RealEstate) - NY Space Finders ASKING RENT: $30/ft ~ SF: 1,200 LEASE TYPE: Retail Lease LEASE TERM: 5 years plus option

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Deal Type
Effective Rent (Annual)

$41,269.97

Total Lease Value

$412,699.66

Net Landlord Cash Flow$41,269.97