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Yong Chen Leases Retail Space To Safwan Alqumli At 81-07 Kew Gardens Road

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LEASED
$75

New York

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Retail1,607 SF
Leased
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Property Image
LEASED

Yong Chen Leases Retail Space To Safwan Alqumli At 81-07 Kew Gardens Road

81-07 Kew Gardens Road

See Similar Deals
Retail1,607 SF
Leased
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$75
Total Square Footage:1607 SF
Transaction Type:Lease

The property involved in this transaction is a retail space located at 81-07 Kew Gardens Road, Kew Gardens. The asset has a size of 1,607 square feet and features 12 ft. ceilings. The asking rent for this retail lease is $75 per square foot, demonstrating its strategic location and market appeal.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $75/ft
  • Square Footage: 1,607
  • Address: 81-07 Kew Gardens Road, Kew Gardens
  • Landlord: Yong Chen
  • Tenant: Safwan Alqumli
  • Broker: Barbie Li - B Square Realty
  • Lease Type: Retail Lease

Barbie Li and her team at B Square Realty facilitated this lease transaction, successfully matching the deli tenant to the property. The leasing demonstrates the commitment and resources invested by the brokerage in securing tenants in a competitive market. This transaction showcases the effectiveness of the Barbie Li Team in meeting the needs of landlords and tenants alike.

Players

Li (Barbie) Li
B Square Realty
Li Li
46 deals$83.2M volume(646) 889-9988
BROKER

Details

LEASED
IMAGE: Barbie Li DATE: 12/20/2024 ADDRESS: 81-07 Kew Gardens Road MARKET: Kew Gardens ASSET TYPE: Retail LANDLORD: Yong Chen TENANT: Safwan Alqumli BROKER: Barbie Li (@BarbieLiBroker) - B Square Realty (@BSquareRealty) ASKING RENT: $75/ft ~ SF: 1,607 LEASE TYPE: Retail Lease NOTE FROM BROKER: We did it again! The Barbie Li Team has successfully leased Unit S-02, a 1,607 sq. ft. retail space with 12 ft. ceilings at 80-17 Kew Gardens Road, to a deli! Perfectly situated near the Kew Gardens E/F subway station and Queens Blvd, this prime location offers unparalleled visibility and convenience. This new tenant adds value to the property, providing residents and the community with easy access to fresh food and essentials. Finding the perfect tenant in today’s competitive market is no easy task—but with our extensive resource and dedication, we made it happen! If you're looking to lease or sell your property, contact us for a personalized market analysis and a winning strategy. Call 646-889-9988 or email [email protected] to achieve your real estate goals today!

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Deal Type
Effective Rent (Annual)

$138,168.41

Total Lease Value

$1,381,684.05

Net Landlord Cash Flow$138,168.41