Moises Ballinas Leases Restaurant In Long Island City For The Weiss Family

The retail restaurant located at 41-17 Crescent Street in Long Island City was leased in a transaction involving The Weiss Family as the landlord and Moises Ballinas as the tenant. The property features 5,000 square feet with an asking rent of $60 per square foot and was leased under a Modified Gross Lease agreement.

Summary of transaction details:

• Property Type: Retail - Restaurant
• Transaction Amount: Not Applicable
• Address: 41-17 Crescent Street
• Market: Long Island City
• Landlord: The Weiss Family
• Tenant: Moises Ballinas
• Broker: Julio Reyes - Reyes & Elsamad
• Asking Rent: $60/ft
• Lease Type: Modified Gross Lease

Julio Reyes of Reyes & Elsamad represented the parties involved in the lease transaction, providing brokerage services for the deal between The Weiss Family and Moises Ballinas. The lease signifies a significant agreement between the landlord and tenant in the vibrant area of Long Island City.