Jhoan Estupinan Leases Retail Space At 33-04 Broadway, Astoria For 10 Years
LEASED
$100
New York
See Similar DealsRetail1,100 SF
Leased 07/11/2024
LEASED
Jhoan Estupinan Leases Retail Space At 33-04 Broadway, Astoria For 10 Years
33-04 Broadway
See Similar DealsRetail1,100 SF
Leased 07/11/2024
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$100
Total Square Footage:1,100 SF
Transaction Type:Lease
The retail property located at 33-04 Broadway in Astoria was leased in a transaction involving Spyros Markos as the landlord and Jhoan Estupinan as the tenant. The lease was facilitated by Steve Lelekidis from Modern Spaces, with an asking rent of $100 per square foot for a 10-year term, covering 1,100 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 33-04 Broadway
- Market: Astoria
- Landlord: Spyros Markos
- Tenant: Jhoan Estupinan
- Broker: Steve Lelekidis - Modern Spaces
- Asking Rent: $100/ft
- Lease Term: 10 years
The deal was successfully closed with Steve Lelekidis of Modern Spaces playing a crucial role in representing both the landlord and the tenant. This lease agreement signifies a long-term commitment between the parties involved, setting the stage for a sustainable retail presence at the prime location in Astoria.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$126,102.67
Total Lease Value
$1,261,026.72
Net Landlord Cash Flow$126,102.67
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