Indian Chinese Fusion Leases Retail Space At 7 South Middle Neck Road In Great Neck For 10 Years
LEASED
New York
See Similar DealsRetail1,500 SF
Leased 11/18/2025
LEASED
Indian Chinese Fusion Leases Retail Space At 7 South Middle Neck Road In Great Neck For 10 Years
South Middle Neck Road
See Similar DealsRetail1,500 SF
Leased 11/18/2025
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$48
Total Square Footage:1,500 SF
Transaction Type:Lease
This retail property located at 7 South Middle Neck Road in the Great Neck market was leased at an asking rent of $48 per square foot for a total of 1,500 square feet. The lease agreement spans a term of 10 years under a NNN lease structure.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $48/ft
- Square Footage: 1,500
- Lease Term: 10 Years
- Lease Type: NNN Lease
- Landlord: Fred Kai
- Tenant: Indian Chinese Fusion
- Landlord's Representative: Elliot Setareh & Itai Khalili - Aineh Property Group
- Landlord & Tenant's Representative: Brian Ainehsazan – Aineh Property Group
This transaction was facilitated by brokers from Aineh Property Group, indicating the involvement of a coordinated effort between the landlord and tenant representatives structured to ensure a successful leasing process within a short timeframe.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$82,539.93
Total Lease Value
$825,399.31
Net Landlord Cash Flow$82,539.93
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