Khalilov Family Leases 1,000 SF Retail Space To One Point Tech Repair In Fresh Meadows

The property asset involved in this transaction is a retail space located at 179-03 Union Turnpike in Fresh Meadows. The asking rent for this 1,000 square foot space was set at $72 per square foot. This lease agreement is for a term of 5 years and falls under a modified gross lease structure.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $72/ft
• Square Footage: 1,000 SF
• Lease Term: 5 Years
• Lease Type: Modified Gross Lease
• Landlord: Khalilov family
• Tenant: One Point Tech Repair
• Landlord's Representative: Itai Khalili & Elliot Setareh - Aineh Property Group
• Manager: Brian Ainehsazan - Aineh Property Group

This transaction marks a significant milestone, bringing the block to full occupancy after two commercial spaces had remained vacant for over two years. Brian Ainehsazan played a crucial role in representing the deal and can be contacted for commercial real estate leasing or management opportunities at 516-736-2056.