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DII Deals & Discounts Leases Former Dressbarn Space In Rego Park, Queens

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LEASED

New York

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Retail8,720 SF
Leased 07/13/2020
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Property Image
LEASED

DII Deals & Discounts Leases Former Dressbarn Space In Rego Park, Queens

9524 63rd Rd, Rego Park, NY 11374, USA

See Similar Deals
Retail8,720 SF
Leased 07/13/2020
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Summary

NEW YORK
Asset Type:Retail
Total Square Footage:8,720 SF
Transaction Type:Lease

A retail property located at 9524 63rd Road in Rego Park, Queens has been leased. The property consists of approximately 8,720 square feet and was previously occupied by Dressbarn. Dressbarn filed for bankruptcy in 2019. The new tenant for the property is DII Deals & Discounts. The landlord, Minskoff Grant Realty & Management Corp, represented by Jean Minskoff, has leased the space to DII Deals & Discounts. The leasing transaction was facilitated by Allie Beyda from Metropolitan Skyline Realty.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not provided
  • Asking Rent: $50-55 PSF
  • Square Footage: 8,720 SF
  • Address: 9524 63rd Road, Rego Park, Queens
  • Tenant: DII Deals & Discounts
  • Landlord: Minskoff Grant Realty & Management Corp
  • Landlord Representative: Jean Minskoff
  • Broker: Allie Beyda - Metropolitan Skyline Realty
  • Note: Formerly occupied by Dressbarn, which filed for bankruptcy in 2019

Allie Beyda from Metropolitan Skyline Realty played a crucial role in facilitating the leasing transaction, representing both the landlord, Minskoff Grant Realty & Management Corp, and the tenant, DII Deals & Discounts. The deal marks a new chapter for the retail property located at 9524 63rd Road in Rego Park, Queens.

Players

Allie Beyda
16 deals$4.8M volume
BROKER

Minskoff Grant Realty & Management Corp
LANDLORD

Details

LEASED
IMAGE: IMAGE: Allie Beyda DATE: 07/13/2020 ADDRESS: 9524 63rd Road MARKET: Rego Park, Queens ASSET TYPE: Retail TENANT: DII Deals & Discounts LANDLORD: Minskoff Grant Realty & Management Corp – Jean Minskoff BROKER: Allie Beyda – Metropolitan Skyline Realty NOTE: Former Dressbarn. Dressbarn filed for Bankruptcy in 2019 […] ASKING RENT: $50-55 PSF SF: 8,720

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Deal Type
Effective Rent (Annual)

$499,825.14

Total Lease Value

$4,998,251.38

Net Landlord Cash Flow$499,825.14