M Star Institute Leases Retail Space In Flushing, NYC

M Star Institute has leased a retail space located at 41-61 Kissena Blvd. in Flushing. The property, owned by Muss Development, offers a total of 5,920 square feet of space. The lease was finalized on April 1, 2022, with an asking rent of $100 per square foot.

Summary of transaction details

• Property Type: Retail
• Transaction Date: April 1, 2022
• Address: 41-61 Kissena Blvd.
• Market: Flushing
• Landlord: Muss Development
• Tenant: M Star Institute
• Asking Rent: $100/ft.
• Square Footage: 5,920

Project Queens, represented by Michael Wang, served as the listing agent for this lease transaction. Ross Spitalnick represented the landlord, Muss Development. Project Queens was chosen for their professional approach and understanding of the local Flushing market. It was part of the marketing strategy to find a strong local tenant due to slower activity from national tenants in the area compared to pre-pandemic levels.

In this deal, a local broker brought a great client, and Project Queens was happy to collaborate with them and guide them through the process as needed. The collaboration resulted in a win-win-win situation for everyone involved.