Club Pilates Signs 10 Year Lease At 34-11, 34-13 & 34-15 Broadway In Astoria
LEASED
$90
New York
See Similar DealsRetail82 SF
Leased 01/22/2025
LEASED
Club Pilates Signs 10 Year Lease At 34-11, 34-13 & 34-15 Broadway In Astoria
34 15 Broadway
See Similar DealsRetail82 SF
Leased 01/22/2025
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$90
Total Square Footage:82 SF
Transaction Type:Lease
The retail asset located at 34-11, 34-13 & 34-15 Broadway in Astoria has a total square footage of 3,500. The property is leased at an asking rent of $82 per square foot and is under a modified gross lease term of 10 years.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $82/ft
- Address: 34-11, 34-13 & 34-15 Broadway
- Market: Astoria
- Landlord: Lisa Puccio
- Tenant: Club Pilates
- Brokers: Devin Navarro, Faisal Gilani & Luca DiCiero - NY Space Finders
- Lease Term: 10 years
- Lease Type: Modified Gross
- Square Footage: 3,500
The deal involved brokers Devin Navarro, Faisal Gilani, and Luca DiCiero from NY Space Finders, representing the respective parties in the transaction. The lease has specific terms that align with the tenant's operational needs and the landlord's management strategies.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$8,514.87
Total Lease Value
$85,148.65
Net Landlord Cash Flow$8,514.87
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