Carrell Mortgage Corp. Leases Retail Space At 161 Rockaway Ave In Valley Stream

The retail property located at 161 Rockaway Ave in Valley Stream has been leased. The lease transaction took place on 10/19/2022. The property, owned by Rockaway Avenue Development Group, LLC. and represented by Pervez Khan, has been leased to Desaree Ethridge of Carrell Mortgage Corp. The lease was facilitated by Luca Di Ciero and Giuseppe Gregorio of NYSpace Finders.

Summary of Transaction Details

• Property Type: Retail
• Transaction Date: 10/19/2022
• Address: 161 Rockaway Ave
• Market: Valley Stream
• Landlord: Rockaway Avenue Development Group, LLC. - Pervez Khan
• Tenant: Desaree Ethridge - Carrell Mortgage Corp.
• Brokers: Luca Di Ciero ([email protected]) & Giuseppe Gregorio ([email protected]) - NYSpace Finders
• Asking Rent: $37/ft. ~ SF: 600
• Lease Terms: 10 years

The lease agreement for the retail property at 161 Rockaway Ave in Valley Stream was successfully negotiated between the landlord, Rockaway Avenue Development Group, LLC., and the tenant, Desaree Ethridge of Carrell Mortgage Corp. Luca Di Ciero and Giuseppe Gregorio, brokers from NYSpace Finders, represented both parties in the deal. The terms of the lease include a 10-year duration and an asking rent of $37 per square foot for a total area of 600 square feet.