Mavrik Properties Leases Retail Space To Wilson's Scooter At 35-23 Farrington Street
LEASED
$50
New York
See Similar DealsRetail1,650 SF
Leased 01/31/2026
LEASED
Mavrik Properties Leases Retail Space To Wilson's Scooter At 35-23 Farrington Street
35 23 Farrington Street
See Similar DealsRetail1,650 SF
Leased 01/31/2026
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$50
Total Square Footage:1,650 SF
Transaction Type:Lease
The asset involved in this transaction is a retail space located at 35-23 Farrington Street in Flushing, with a square footage of 1,650. The asking rent for this property is set at $50 per square foot and is structured under a modified gross lease for a duration of 5 years.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $50/ft
- Square Footage: 1,650
- Address: 35-23 Farrington Street
- Market: Flushing
- Landlord: Mavrik Properties
- Tenant: Wilson's Scooter
- Landlord's Representative: Steve Lelekidis - Modern Spaces
- Lease Term: 5 Years
- Lease Type: Modified Gross Lease
Key individuals in this transaction include Mavrik Properties as the landlord and Wilson's Scooter as the tenant. The deal was facilitated by Steve Lelekidis from Modern Spaces, representing the landlord in this lease agreement.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$94,577.00
Total Lease Value
$945,770.04
Net Landlord Cash Flow$94,577.00
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