facebook
Traded Co logo
Submit
Daily limit: 0/10

Utopia Bagels Signs 15-Year Lease In Long Island City For $100/ft

Property Image
LEASED
$100

New York

See Similar Deals
Retail6,800 SF
Leased 06/12/2024
the dealplayerscompscontact
Property Image
LEASED

Utopia Bagels Signs 15-Year Lease In Long Island City For $100/ft

26-11 Jackson Avenue

See Similar Deals
Retail6,800 SF
Leased 06/12/2024
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$100
Total Square Footage:6,800 SF
Transaction Type:Lease

The retail property located at 26-11 Jackson Avenue in Long Island City, Queens, was leased for Utopia Bagels. The lease term is for 15 years with an asking rent of $100 per square foot for a total of 6,800 square feet.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Landlord: Patricia Dunphy - Rockrose Development
  • Tenant: Utopia Bagels
  • Brokers: Alexander Karas & Jeff Winick - Winick Realty Group
  • Address: 26-11 Jackson Avenue
  • Market: Long Island City, Queens

The leasing deal was facilitated by Alexander Karas and Jeff Winick from Winick Realty Group. Utopia Bagels, known for its long queues, will be expanding its presence with this new location in Long Island City, Queens.

Players

Jeff Winick
10 deals$2.2M volume(212) 792-2601
BROKER

Details

LEASED
IMAGE: Jeff Winick, Patricia Dunphy & Alexander Karas DATE: 06/12/2024 ADDRESS: 26-11 Jackson Avenue MARKET: Long Island City, Queens ASSET TYPE: Retail LANDLORD: Patricia Dunphy - Rockrose Development TENANT: Utopia Bagels (@UtopiaBagels) BROKERS: Alexander Karas & Jeff Winick (@JeffWinick) - Winick Realty Group (@WinickRealty) ASKING RENT: $100/ft ~ SF: 6,800 LEASE TERM: 15-year lease NOTE: Utopia Bagels, famous for its lengthy queues, is expanding with a new location in Long Island City, Queens, signing a 15-year lease for 6,800 square feet at 26-11 Jackson Avenue.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Effective Rent (Annual)

$779,543.79

Total Lease Value

$7,795,437.93

Net Landlord Cash Flow$779,543.79