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AIDS Healthcare Foundation Leases Retail Space At 91-30 Van Wyck Expy In Jamaica, Queens

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LEASED
$55

New York

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Retail27,275 SF
Leased 09/23/2022
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Property Image
LEASED

AIDS Healthcare Foundation Leases Retail Space At 91-30 Van Wyck Expy In Jamaica, Queens

91-30 Van Wyck Expressway

See Similar Deals
Retail27,275 SF
Leased 09/23/2022
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$55
Total Square Footage:27,275 SF
Transaction Type:Lease

The retail property located at 91-30 Van Wyck Expy. in Jamaica, Queens was recently leased. The property spans approximately 27,275 square feet and was leased by AIDS Healthcare Foundation. The landlord of the property is Werber Management. The leasing transaction was facilitated by the brokers Adam Heller, Josh Singer, and Steve Weber from The Heller Organization. The asking rent for the property was $55 per square foot.

Summary of transation details

  • Property Type: Retail
  • Transaction Amount: Not Applicable
  • Address: 91-30 Van Wyck Expy.
  • Market: Jamaica, Queens
  • Landlord: Werber Management
  • Tenant: AIDS Healthcare Foundation
  • Brokers: Adam Heller, Josh Singer & Steve Weber - The Heller Organization
  • Asking Rent: $55/ft.
  • Square Footage: 27,275

The leasing deal involved the collaboration of Adam Heller, Josh Singer, and Steve Weber from The Heller Organization, who acted as representatives for AIDS Healthcare Foundation, the tenant. The leasing terms agreed upon with Werber Management, the landlord, resulted in the successful transaction for the retail property located at 91-30 Van Wyck Expy. in Jamaica, Queens.

Players

Adam Heller
5 deals
BROKER

Stephen (Steve) Weber
The Heller Organization
9 deals$22.5M volume
BROKER

Joshua Singer
The Heller Organization
13 deals
BROKER

TENANT

Details

LEASED
IMAGE: Josh Singer, Adam Heller & Steve Weber DATE: 09/23/2022 ADDRESS: 91-30 Van Wyck Expy. MARKET: Jamaica, Queens ASSET TYPE: Retail LANDLORD: Werber Management TENANT: AIDS Healthcare Foundation BROKERS: Adam Heller, Josh Singer & Steve Weber - The Heller Organization (@HellerOrg) ASKING RENT: $55/ft. ~ SF: 27,275

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Deal Type
Effective Rent (Annual)

$1,719,725.20

Total Lease Value

$17,197,251.95

Net Landlord Cash Flow$1,719,725.20