Chia Pan & Qinbing Wang Lease Retail Space At 45-57 Davis Street Long Island City For 10 Years

A retail lease transaction occurred for the property located at 45-57 Davis Street in Long Island City, New York. The leased space encompasses 10,830 square feet and was leased at an asking rent of $45 per square foot for a term of 10 years.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $45/ft
• Address: 45-57 Davis Street
• Market: Long Island City
• Lease Term: 10 Years
• Asking Rent: $45/ft
• Landlord: Yedidye Leibler - Velocity Management
• Tenant: Chia Pan & Qinbing Wang
• Landlord's Representative: Sadya Liberow & Yuriy Ustoyev - Asset CRG Advisors

Asset CRG Advisors served as the exclusive representative for the landlord, successfully providing effective marketing strategies that led to the successful leasing of the property. The representatives involved in the deal were Sadya Liberow and Yuriy Ustoyev, both part of Asset CRG Advisors.