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Olgam Life Signs 20-Year Lease For Retail Space In Howard Beach, NY

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LEASED

New York

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Retail7,200 SF
Leased 11/30/2021
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LEASED

Olgam Life Signs 20-Year Lease For Retail Space In Howard Beach, NY

7815 Linden Boulevard, Howard Beach, NY, 11414, USA

See Similar Deals
Retail7,200 SF
Leased 11/30/2021
Contact now

Summary

NEW YORK
Asset Type:Retail
Total Square Footage:7,200 SF
Transaction Type:Lease

Located at 78-15 Linden Blvd. in Howard Beach, this retail property has recently been leased. The lease term is set for 20 years, starting on 11/30/2021. The property offers a spacious area of approximately 7,200 square feet. The landlord for this lease is Soly D. Bawabeh & Joey D. Bawabeh, while the tenant is Olgam Life.

Summary of transation details

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 78-15 Linden Blvd., Howard Beach
  • Lease Term: 20 Years

Representing the deal on behalf of the landlord and tenant is Josh Augenbaum from Augenbaum Realty Corp. Josh Augenbaum is the broker who facilitated this lease agreement.

It's worth noting that @AugenbaumRealtyNY is actively seeking additional sites for Olgam Life. They are looking for spaces that are approximately 7,000 to 8,000 square feet in size. Those interested in submitting potential sites can reach out to Josh Augenbaum at [email protected].

Players

Josh Augenbaum
139 deals$652.8M volume(917) 417-7834
BROKER

TENANT

Details

LEASED
IMAGE: Josh Augenbaum DATE: 11/30/2021 ADDRESS: 78-15 Linden Blvd. MARKET: Howard Beach ASSET TYPE: Retail LANDLORD: Soly D. Bawabeh & Joey D. Bawabeh TENANT: Olgam Life BROKER: Josh Augenbaum (@AugenbaumRealtyNY) - Augenbaum Realty Corp. ASKING RENT: $45/ft. ~ SF: 7,200 LEASE TERM: 20 Years NOTE FROM @AugenbaumRealtyNY: We are looking for additional sites for Olgam - Approx 7,000sf - 8,000SF or so. Please Email [email protected] for site submissions

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Deal Type
Effective Rent (Annual)

$412,699.66

Total Lease Value

$4,126,996.55

Net Landlord Cash Flow$412,699.66