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Midwood Investment & Development Leases Retail Space In Jackson Heights To Real Taco

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LEASED

New York

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Retail1,900 SF
Leased 11/01/2021
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LEASED

Midwood Investment & Development Leases Retail Space In Jackson Heights To Real Taco

75-03 Roosevelt Avenue, Jackson Heights, NY, 11372, USA

See Similar Deals
Retail1,900 SF
Leased 11/01/2021
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Summary

NEW YORK
Asset Type:Retail
Total Square Footage:1,900 SF
Transaction Type:Lease

Midwood Investment & Development has leased a retail space located at 75-03 Roosevelt Ave in Jackson Heights. The property covers an area of 1,900 square feet and was leased to Real Taco.

Summary of transaction details

  • Property Type: Retail
  • Transaction Date: 11/01/2021
  • Address: 75-03 Roosevelt Ave
  • Market: Jackson Heights
  • Landlord: Midwood Investment & Development
  • Tenant: Real Taco
  • Tenant's Representative: Daniel Kestenbaum & Albert Halawani
  • Landlord's Representative: Daniel DePasquale
  • Asking Rent: $110/ft
  • Square Footage: 1,900 sq ft

Daniel Kestenbaum and Albert Halawani from Kassin Sabbagh Realty represented Real Taco in this lease transaction.

Players

Albert Halawani
49 deals$445M volume(347) 204-6578
BROKER


Daniel DePasquale
Katz & Associates Real Estate Advisors
9 deals
BROKER

CrossHarbor Capital Partners
LENDER

Details

LEASED
IMAGE: Daniel Kestenbaum & Albert Halawani DATE: 11/01/2021 ADDRESS: 75-03 Roosevelt Ave. MARKET: Jackson Heights ASSET TYPE: Retail LANDLORD: Midwood Investment & Development TENANT: Real Taco 🌮 TENANT'S REP: Daniel Kestenbaum (@DanielKestenbaum) & Albert Halawani (@AlbertHalawani) @Kassin_Sabbagh_Realty LANDLORD'S REP: Daniel DePasquale ASKING RENT: $110/ft. ~ SF: 1,900

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Deal Type
Effective Rent (Annual)

$108,906.85

Total Lease Value

$1,089,068.53

Net Landlord Cash Flow$108,906.85