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Madison Realty Capital Leases Retail Space To Filomena's Cafe At 69-02 Queens Boulevard

Property Image
LEASED
$40

New York

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Retail2,700 SF
Leased
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LEASED

Madison Realty Capital Leases Retail Space To Filomena's Cafe At 69-02 Queens Boulevard

69 02 Queens Boulevard

See Similar Deals
Retail2,700 SF
Leased
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$40
Total Square Footage:2700 SF
Transaction Type:Lease

This retail asset located at 69-02 Queens Boulevard in the Woodside market encompasses a total space of 2,700 square feet. The asking rent for this property was set at $40 per square foot, and the transaction involved a single net lease structure.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $40/ft
  • Lease Type: Single Net Lease
  • Landlord: Madison Realty Capital
  • Tenant: Filomena's Cafe
  • Landlord's Representative: James Famularo & Cory Rywalt - Meridian Capital Group
  • Broker: Jacob Mayer - Meridian Capital Group
  • Date: 9/25/2025

This lease transaction reflects the efforts of the broker, Jacob Mayer from Meridian Capital Group, who noted that the space had been vacant for several years before successfully leasing it to a local operator within a few months, emphasizing the effectiveness of their approach to retail leasing.

Players

James Famularo
350 deals$11.4M volume(212) 468-5960
BROKER



Meridian Capital Group
BROKERAGE

Details

LEASED
IMAGE: Jacob Mayer, James Famularo & Cory Rywalt DATE: 9/25/2025 ADDRESS: 69-02 Queens Boulevard MARKET: Woodside ASSET TYPE: Retail LANDLORD: Madison Realty Capital (@MadisonRealtyCapital) TENANT: Filomena's Cafe LANDLORD'S REP: James Famularo (@MrFamularo) & Cory Rywalt (@LeasingNYCRetail) - Meridian Capital Group (@Meridian_Retail_Leasing) BROKER: Jacob Mayer - Meridian Capital Group ASKING RENT: $40/ft ~ SF: 2,700 LEASE TYPE: Single Net Lease NOTE FROM BROKER: This space sat vacant for several years and we leased the space in just a few months to a local operator. Call us with any of your retail needs

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Deal Type
Effective Rent (Annual)

$123,809.90

Total Lease Value

$1,238,098.97

Net Landlord Cash Flow$123,809.90