Lungi South Indian Restaurant Leases Retail Space At 31-19 Newtown Avenue In Astoria
LEASED
$77
+ 1
New York
See Similar DealsRetail5,000 SF
Leased 03/05/2026
LEASED
Lungi South Indian Restaurant Leases Retail Space At 31-19 Newtown Avenue In Astoria
31-19 Newtown Avenue
See Similar DealsRetail5,000 SF
Leased 03/05/2026
+ 1
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$77
Total Square Footage:5,000 SF
Transaction Type:Lease
The retail property located at 31-19 Newtown Avenue in Astoria features a square footage of 5,000. The property is currently under a Single Net Lease, with an asking rent of $77 per square foot.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $77/ft
- Address: 31-19 Newtown Avenue
- Market: Astoria
- Landlord: Phoenix Management
- Tenant: Lungi South Indian Restaurant
- Landlord's Rep: James Famularo, Jacob Mayer & Marcelo Demoraes - Meridian Capital Group
- Tenant's Rep: Ryan Adhami - Schuckman Realty
Key representatives involved in this lease transaction include James Famularo, Jacob Mayer, and Marcelo Demoraes, who represent the landlord through Meridian Capital Group, while Ryan Adhami represents the tenant via Schuckman Realty.
Players
LANDLORD
Details
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
NNN (Triple Net)
Effective Rent (Annual)
$441,359.35
Total Lease Value
$4,413,593.53
Net Landlord Cash Flow$441,359.35
Is there something missing? Send suggestions