Joe Caruso Leases 275 Glen Street Long Island Retail Center To Chu Xim
LEASED
$32
New York
See Similar DealsRetail1,100 SF
Leased 03/05/2024
LEASED
Joe Caruso Leases 275 Glen Street Long Island Retail Center To Chu Xim
275 Glen Street
See Similar DealsRetail1,100 SF
Leased 03/05/2024
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$32
Total Square Footage:1,100 SF
Transaction Type:Lease
Located at 275 Glen Street in Long Island, the property is a Shopping Strip/ Retail Center with a total square footage of 1,100. The landlord, Joe Caruso, finalized a 5-year Retail Lease with the tenant, Chu Xim, at an asking rent of $32 per square foot.
Summary of transaction details:
- Property Type: Shopping Strip/ Retail Center
- Transaction Amount: Not specified
- Address: 275 Glen Street
- Market: Long Island
- Landlord: Joe Caruso
- Tenant: Chu Xim
- Brokers: Luca DiCiero, Giuseppe Gregorio & Nicholas Evangelista - NY Space Finders
- Lease Type: Retail Lease
- Lease Term: 5 Years
The transaction involved the expertise of Luca DiCiero, Giuseppe Gregorio, and Nicholas Evangelista from NY Space Finders who represented both parties, ensuring a successful deal between the landlord and tenant.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$40,352.86
Total Lease Value
$403,528.55
Net Landlord Cash Flow$40,352.86
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