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Elmekies Equities Represents Landlord In Lease Deal With Bake Culture USA In Long Island City

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LEASED

New York

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Retail1,000 SF
Leased 12/21/2020
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Property Image
LEASED

Elmekies Equities Represents Landlord In Lease Deal With Bake Culture USA In Long Island City

27-20 Jackson Avenue, Long Island City, NY, USA

See Similar Deals
Retail1,000 SF
Leased 12/21/2020
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Summary

NEW YORK
Asset Type:Retail
Total Square Footage:1,000 SF
Transaction Type:Lease

Located at 27-20 Jackson Ave in Long Island City, this retail property has recently been leased. The tenant, Bake Culture USA, will occupy a 1,000 square foot space in the building. The lease was finalized on December 21, 2020.

Summary of transaction details

  • Property Type: Retail
  • Date: 12/21/2020
  • Address: 27-20 Jackson Ave
  • Market: Long Island City

Bake Culture USA will be renting from Rockrose NY, the landlord of the property. Throughout the lease negotiation process, Jeff Zheng from Elmekies Equities represented the landlord. The asking rent for the space was set at $50 per square foot.

Elmekies Equities, represented by Jeff Zheng and Edmund Beyda, has been actively seeking opportunities to represent landlords in their retail spaces. Their team has been negotiating with multiple retail tenants looking to expand. If you have any vacancies, you can reach out to Jeff Zheng at [email protected] or by phone at 917-947-9056, or contact Edmund Beyda at [email protected] or by phone at 347-768-2814.

Players

Jeff Zheng
11 deals$90.9M volume
BROKER

LANDLORD

Details

LEASED
IMAGE: Henry Elghanayan, Jeff Zheng, Justin Elghanayan DATE: 12/21/2020 ADDRESS: 27-20 Jackson Ave MARKET: Long Island City ASSET TYPE: Retail TENANT: @BakeCultureUSA LANDLORD: @RockroseNY BROKER: Jeff Zheng (@Jzh256) @ElmekiesEquities ASKING RENT: $50/ft. ~ SF: 1,000 NOTE FROM @ElmekiesEquities: We are looking for more opportunities to represent landlords in their Retail spaces. Our team have been actively negotiating with multipe retail tenants looking to expand... Reach out to us with your vacancies! Jeff Zheng 📧 [email protected] 📱 917-947-9056 & Edmund Beyda 📧 [email protected] 📱 347-768-2814

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Deal Type
Effective Rent (Annual)

$57,319.40

Total Lease Value

$573,193.97

Net Landlord Cash Flow$57,319.40