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L&M Development Partners Leases Retail Space To Belmont Preschool At 4439 Third Avenue

Property Image
LEASED
$40
Moshe Akiva
Rafael (Rafi) Benor
+ 1

New York

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Retail11,400 SF
Leased 03/02/2026
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Property Image
LEASED

L&M Development Partners Leases Retail Space To Belmont Preschool At 4439 Third Avenue

4439 Third Avenue

See Similar Deals
Retail11,400 SF
Leased 03/02/2026
Moshe Akiva
Rafael (Rafi) Benor
+ 1
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$40
Total Square Footage:11,400 SF
Transaction Type:Lease

The property involved in this transaction is a retail asset located at 4439 Third Avenue in the Belmont market. The asking rent is set at $40 per square foot, and the total square footage of the asset is 11,400 square feet. The transaction is categorized as a retail lease.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $40/ft
  • Address: 4439 Third Avenue
  • Market: Belmont
  • Asset Size: 11,400 SF
  • Landlord: L&M Development Partners
  • Tenant: Belmont Preschool
  • Landlord's Representative: Moshe Akiva & Avi Akiva - Momentum Realty Group
  • Tenant's Representative: Eli Yadid & Rafael Benor - KSR
  • Lease Type: Retail Lease

The deal features key representatives from both sides; the landlord is represented by Moshe Akiva and Avi Akiva from Momentum Realty Group, while the tenant is represented by Eli Yadid and Rafael Benor from KSR. This collaborative effort highlights the involvement of experienced professionals in the retail leasing process.

Players

Eli Yadid
38 deals$16M volume
BROKER

Rafael (Rafi) Benor
Kassin Sabbagh Realty
18 deals
BROKER

Avi Akiva
Momentum Realty Group
40 deals$18M volume(212) 314-4684
BROKER

Details

LEASED
IMAGE: Eli Yadid, Rafael Benor, Moshe Akiva & Avi Akiva DATE: 3/2/2026 ADDRESS: 4439 Third Avenue MARKET: Belmont ASSET TYPE: Retail LANDLORD: L&M Development Partners TENANT: Belmont Preschool LANDLORD'S REP: Moshe Akiva & Avi Akiva (@Avi_Akiva) - Momentum Realty Group TENANT'S REP: Eli Yadid & Rafael Benor (@Rafi_Benor) - KSR (@Kassin_Sabbagh_Realty) ASKING RENT: $40/ft ~ SF: 11,400 LEASE TYPE: Retail Lease

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Deal Type
Effective Rent (Annual)

$522,752.90

Total Lease Value

$5,227,528.97

Net Landlord Cash Flow$522,752.90