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170 Tulip Avenue

Victor Moshe Leases Retail Space To Club Pilates At 170 Tulip Avenue In Floral Park
LEASEDRetail

Victor Moshe Leases Retail Space To Club Pilates At 170 Tulip Avenue In Floral Park

170 Tulip Avenue

$53

$53/SF

Building Size

2,000 SF

Asset Type

Retail

Closing

Feb 4, 2026

AI

The property asset involved in this transaction is a retail space located at 170 Tulip Avenue, Floral Park. The asking rent is set at $53 per square foot for a total space of 2,000 square feet. The lease type for this transaction is a Modified Gross Lease.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $53/ft
  • Square Footage: 2,000
  • Lease Type: Modified Gross Lease
  • Landlord: Victor Moshe
  • Tenant: Club Pilates
  • Brokers: Luca DiCiero & Faisal Gilani - NY Space Finders
  • Date of Transaction: 2/5/2026

This transaction involves landlord Victor Moshe and tenant Club Pilates, with representation provided by brokers Luca DiCiero and Faisal Gilani from NY Space Finders. The deal showcases the collaborative effort of the brokers in facilitating this lease agreement in the Floral Park market.

Players

Faisal Gilani

NY Space Finders

Broker

$27.4M

vol

46 deals

Broker

Floral Park Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

299301.89%

Cash-on-Cash

-85541.40%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93