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Chelsea Piers Fitness Leases 72K SF Retail Space In Long Island City
LEASED
New York
See Similar DealsRetail72,000 SF
Leased 07/10/2023
LEASED
Chelsea Piers Fitness Leases 72K SF Retail Space In Long Island City
24-11 Jackson Avenue Long Island City, New York 11101, USA
See Similar DealsRetail72,000 SF
Leased 07/10/2023
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:72,000 SF
Transaction Type:Lease
Chelsea Piers Fitness has signed a 72,000-square-foot lease to anchor a new residential tower located at 24-11 Jackson Avenue in Queens. The lease agreement was secured with the landlord, Tavros, Charney Cos., and Incoco Capital.
Summary of transaction details:
- Property Type: Retail
- Lease Square Footage: 72,000
- Address: 24-11 Jackson Avenue, Queens
- Market: Queens
The lease was facilitated by brokers Erin Grace and Matt Ogle from JLL. Tavros, Charney Cos., and Incoco Capital were represented in-house as landlords for the transaction.
Players
TENANT
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$4,126,996.55
Total Lease Value
$41,269,965.52
Net Landlord Cash Flow$4,126,996.55
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