Yaaas Tea Leases Retail Space At 30-61 Steinway Street Astoria For 10 Years

The retail asset located at 30-61 Steinway Street in Astoria consists of 1,500 square feet and has an asking rent of $70 per square foot. The lease agreement has been finalized for a term of 10 years under a Modified Gross Lease arrangement.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not disclosed
• Address: 30-61 Steinway Street
• Market: Astoria
• Landlord: Payam Toobian
• Tenant: Yaaas Tea
• Broker Representatives: Jack Sash Basora, Mark Golberg & Aryeh Vilinsky - Tahari Realty
• Lease Term: 10 years
• Lease Type: Modified Gross Lease
• Asking Rent: $70/ft
• Square Footage: 1,500

Tahari Realty’s Leasing Division successfully facilitated this lease on behalf of ownership, with Yaaas Tea, a major bubble tea chain from Long Island, securing the space as part of their growth strategy. The team achieved favorable lease terms, reflecting the robust nature of the Steinway corridor. The firm brings extensive expertise to transactions, leveraging a vertically integrated platform to provide tailored solutions for their clients.