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Joseph Riegler Leases 5,000 SF Industrial Space To El Maestro Boxing Gym At 1155 Southern Boulevard

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LEASED
$6,504

New York

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Retail5,000 SF
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LEASED

Joseph Riegler Leases 5,000 SF Industrial Space To El Maestro Boxing Gym At 1155 Southern Boulevard

1155 Southern Boulevard

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Retail5,000 SF
Leased
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$6,504
Total Square Footage:5,000 SF
Transaction Type:Lease

The asset involved in this transaction is an industrial property located at 1155 Southern Boulevard, situated in the Longwood market. The tenant of this lease is El Maestro Boxing Gym, which will occupy a space measuring 5,000 square feet. The lease is structured as a Modified Gross Lease with an asking rent of $26 per square foot, covering a term of 5 years.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $130,000
  • Lease Term: 5 Years
  • Lease Type: Modified Gross Lease
  • Landlord: Joseph Riegler
  • Tenant: El Maestro Boxing Gym
  • Tenant's Representative: Avi Saadia & Freddy Halabi - Tri State Commercial Realty

The key individuals in this transaction include the landlord, Joseph Riegler, and the tenant represented by Avi Saadia and Freddy Halabi from Tri State Commercial Realty. Their involvement has facilitated the leasing of this industrial space for a prominent boxing gym in the area.

Players

Avi Saadia
5 deals
BROKER

Details

LEASED
IMAGE: Avi Saadia & Freddy Halabi DATE: 4/01/2026 ADDRESS: 1155 Southern Boulevard MARKET: Longwood ASSET TYPE: Industrial LANDLORD: Joseph Riegler TENANT: El Maestro Boxing Gym TENANT'S REP: Avi Saadia (@AviSaadia) & Freddy Halabi - Tri State Commercial Realty (@TriStateCommercial) ASKING RENT: $26/ft ~ SF: 5,000 LEASE TERM: 5 Years LEASE TYPE: Modified Gross Lease

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Deal Type
Effective Rent (Annual)

$37,280,535.52

Total Lease Value

$372,805,355.21

Net Landlord Cash Flow$37,280,535.52