H Mart Leases Retail Space At Shops At Northern Blvd In Long Island City For $35/ft. NNN
LEASED
$35
New York
See Similar DealsRetail63,525 SF
Leased 11/02/2022
LEASED
H Mart Leases Retail Space At Shops At Northern Blvd In Long Island City For $35/ft. NNN
48-18 Northern Boulevard, Queens, New York 11101, United States
See Similar DealsRetail63,525 SF
Leased 11/02/2022
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$35
Total Square Footage:63,525 SF
Transaction Type:Lease
The retail property located at 48-18 Northern Boulevard in Long Island City has been leased to H Mart. The property, known as the Shops at Northern Blvd, offers a total of 63,525 square feet of retail space. The transaction took place on November 2, 2022.
Summary of transaction details
- Property Type: Retail
- Transaction Date: 11/02/2022
- Address: 48-18 Northern Boulevard (Shops at Northern Blvd)
- Market: Long Island City
- Asking Rent: $35 per square foot (NNN)
- Size: 63,525 square feet
Greyco, the landlord, represented by Jeremy Isaacs from Ripco Real Estate, leased the property to H Mart. H Mart was represented by Michelle Abramov and Greg Batista, also from Ripco Real Estate.
NOTE: no additional information availablePlayers
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$2,548,850.27
Total Lease Value
$25,488,502.66
Net Landlord Cash Flow$2,548,850.27
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