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Omni New York Leases Retail Space To Target Park At 92-23 168th Street In Jamaica

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LEASED
$10

New York

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Retail140,000 SF
Leased 09/07/2023
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Property Image
LEASED

Omni New York Leases Retail Space To Target Park At 92-23 168th Street In Jamaica

92 168th Street & 23 168th Street

See Similar Deals
Retail140,000 SF
Leased 09/07/2023
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$10
Total Square Footage:140,000 SF
Transaction Type:Lease

A retail property located at 92-23 168th Street in Jamaica has been leased. The property, measuring 70,000 square feet, was leased by Target Park. The landlord for this transaction is Omni New York. The lease was facilitated by brokers Brian Doyle and Greg Parassio of Booth Street.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: N/A
  • Address: 92-23 168th Street
  • Market: Jamaica
  • Tenant: Target Park
  • Landlord: Omni New York
  • Brokers: Brian Doyle & Greg Parassio - Booth Street

Brian Doyle and Greg Parassio of Booth Street represented the tenant, Target Park, in this lease deal.

Players

Brian Doyle
9 deals
BROKER

Greg Parassio
Booth Street
22 deals
BROKER

LANDLORD

Details

LEASED
IMAGE: Brian Doyle & Greg Parassio DATE: 09/07/2023 ADDRESS: 92-23 168th Street MARKET: Jamaica ASSET TYPE: Retail LANDLORD: Omni New York TENANT: Target Park BROKERS: Brian Doyle & Greg Parassio - Booth Street (@Booth_Street) ASKING RENT: $10/ft ~ SF: 70,000 LEASE TYPE: Modified Gross Lease

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Deal Type
Effective Rent (Annual)

$1,604,943.10

Total Lease Value

$16,049,431.04

Net Landlord Cash Flow$1,604,943.10