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Cafeteria Marketplace Signs Lease At 32-02 Queens Boulevard In Long Island City

Property Image
LEASED
$75
Greg Batista
Josh Sarraf
+ 1

New York

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Retail3,421 SF
Leased 01/02/2025
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Property Image
LEASED

Cafeteria Marketplace Signs Lease At 32-02 Queens Boulevard In Long Island City

32-02 Queens Boulevard

See Similar Deals
Retail3,421 SF
Leased 01/02/2025
Greg Batista
Josh Sarraf
+ 1
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$75
Total Square Footage:3,421 SF
Transaction Type:Lease

The asset involved in this transaction is a retail space located at 32-02 Queens Boulevard in Long Island City. The lease type is a Modified Gross Lease, with an asking rent of $75 per square foot for a total of 3,421 square feet. The landlords are Related and Greenfield Partners.

Summary of transaction details:

This transaction involved key representatives, including Brian Krakower, Scott Rothstein, and Greg Batista from Ripco, representing the landlords, and Josh Sarraf from ARA, representing the tenant, Cafeteria Marketplace.

Players

8 deals$33.9M volume
BROKER


Scott Rothstein
Ripco
2 deals
BROKER

Brian Krakower
Ripco
2 deals$20M volume(201) 566-4226
BROKER

Details

LEASED
IMAGE: Josh Sarraf, Brian Krakower, Scott Rothstein, Greg Batista DATE: 01/02/2025 ADDRESS: 32-02 Queens Boulevard MARKET: Long Island City ASSET TYPE: Retail LANDLORD: Related (@RelatedCos) & Greenfield Partners TENANT: Cafeteria Marketplace LANDLORD'S REP: Brian Krakower, Scott Rothstein & Greg Batista - Ripco (@RipcoRealEstate) TENANT'S REP: Josh Sarraf (@JoshSarraf) - ARA (@ARANYC_) ASKING RENT: $75/ft ~ SF: 3,421 LEASE TYPE: Modified Gross Lease

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Deal Type
Effective Rent (Annual)

$294,134.48

Total Lease Value

$2,941,344.83

Net Landlord Cash Flow$294,134.48