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Olgam Life Leases Retail Space On Jamaica Avenue In Jamaica

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LEASED
Abe Betesh

New York

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Retail10,700 SF
Leased 01/02/2022
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Property Image
LEASED

Olgam Life Leases Retail Space On Jamaica Avenue In Jamaica

162-11 Jamaica Avenue, Jamaica, NY 11432

See Similar Deals
Retail10,700 SF
Leased 01/02/2022
Abe Betesh
Contact now

Summary

NEW YORK
Asset Type:Retail
Total Square Footage:10,700 SF
Transaction Type:Lease

The retail property located at 162-11 Jamaica Avenue in the Jamaica market has been leased. The lease transaction was facilitated by Josh Augenbaum from Augenbaum Realty Corp. The property spans 10,700 square feet and was leased to Olgam Life.

Summary of transaction details:

  • Property Type: Retail
  • Address: 162-11 Jamaica Avenue
  • Market: Jamaica
  • Landlord: Abe Betesh & Joseph Betesh
  • Tenant: Olgam Life
  • Broker: Josh Augenbaum - Augenbaum Realty Corp.

Please note that @AugenbaumRealtyNY is actively seeking additional sites with one level space ranging from 7,500 square feet to 10,000 square feet. The space can be on the ground, lower level, or 2nd floor, but it must have handicap accessibility. The desired rent range for these sites is $25-40 per square foot. For more information, you can contact Josh at [email protected].

Players

Josh Augenbaum
140 deals$652.8M volume(917) 417-7834
BROKER

Abe Betesh
7 deals$52.6M volume(718) 265-1200
BROKER


Abe Betesh
7 deals$52.6M volume
LANDLORD

Abe Betesh
7 deals$52.6M volume
LANDLORD

TENANT

Details

LEASED
IMAGE: Josh Augenbaum DATE: 01/02/2022 ADDRESS: 162-11 Jamaica Avenue MARKET: Jamaica ASSET TYPE: Retail LANDLORD: Abe Betesh & Joseph Betesh TENANT: Olgam Life BROKER: Josh Augenbaum (@AugenbaumRealtyNY) - Augenbaum Realty Corp. ASKING RENT: $35/ft. ~ SF: 10,700 NOTE FROM @AugenbaumRealtyNY: We are seeking additional sites of One level space 7,500sf to 10,000sf can be ground, Lower level or 2nd floor but needs handicap accessibility in the rent range of $25-$40psf... [email protected]

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Deal Type
Effective Rent (Annual)

$613,317.54

Total Lease Value

$6,133,175.43

Net Landlord Cash Flow$613,317.54