Omni New York Leases Retail Space To Kidz Klub In Jamaica

The retail property located at 92-23 168th Street in Jamaica has been leased to Kidz Klub. The landlord, Omni New York, finalized the deal with the help of broker Greg Parassio from Booth Street. The lease is of the Modified Gross type, and the asking rent for the 32,500 square feet space is $40 per square foot.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: N/A
• Date: 10/16/2023
• Market: Jamaica
• Landlord: Omni New York
• Tenant: Kidz Klub
• Broker: Greg Parassio - Booth Street
• Asking Rent: $40 per square foot (~ $1,300,000)
• Lease Type: Modified Gross

In this lease, Greg Parassio from Booth Street represented the interests of the Tenant, Kidz Klub, ensuring a successful agreement between the landlord, Omni New York, and the tenant.