facebook
Traded Co logo
Submit a Deal

M Star Institute Leases Retail Space In Flushing, NYC

41-61 Kissena Boulevard
PointingArrow
ShareContact

This Retail property located in NY was leased almost 2 years ago. The brokers of the deal were Ross Spitalnick and Michael Wang

M Star Institute has leased a retail space located at 41-61 Kissena Blvd. in Flushing. The property, owned by Muss Development, offers a total of 5,920 square feet of space. The lease was finalized on April 1, 2022, with an asking rent of $100 per square foot.

Summary of transaction details

  • Property Type: Retail
  • Transaction Date: April 1, 2022
  • Address: 41-61 Kissena Blvd.
  • Market: Flushing
  • Landlord: Muss Development
  • Tenant: M Star Institute
  • Asking Rent: $100/ft.
  • Square Footage: 5,920

Project Queens, represented by Michael Wang, served as the listing agent for this lease transaction. Ross Spitalnick represented the landlord, Muss Development. Project Queens was chosen for their professional approach and understanding of the local Flushing market. It was part of the marketing strategy to find a strong local tenant due to slower activity from national tenants in the area compared to pre-pandemic levels.

In this deal, a local broker brought a great client, and Project Queens was happy to collaborate with them and guide them through the process as needed. The collaboration resulted in a win-win-win situation for everyone involved.

View Related

Deals
  • Location
    41-61 Kissena Blvd Flushing, NY 1135541-61 Kissena Blvd Flushing, NY 11355
  • Area
    5,920 SF5,920 SF
  • Asset Type
    RetailRetail
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Ross Spitalnick

Ross Spitalnick

Deals1
Leased1

Agency

Project Queens

Project Queens

Agency
Deals14
Volume$0

Social

Deal Summary

LEASE IMAGE: Michael Wang DATE: 04/01/2022 ADDRESS: 41-61 Kissena Blvd. MARKET: Flushing ASSET TYPE: Retail LANDLORD: Muss Development TENANT: M Star Institute LANDLORD'S REP: Ross Spitalnick TENANT'S REP: Michael Wang (@MichaelWangNYC) - Project Queens (@ProjectQueensNYC) ASKING RENT: $100/ft. ~ SF: 5,920 NOTE FROM BROKER: Project Queens was hired as the listing agent for this space because of our mix of corporate professionalism & understanding of the local Flushing market. The activity from national tenants in the area has been slow compared to pre-pandemic levels, so finding a strong local tenant was part of the marketing strategy. Something I would like to highlight is that we do not hold back on marketing & work with all brokers. In this deal, a local broker brought a great client & we were happy to co-broke with them & walk them through the deal when needed. Overall, they did a great job. A real win-win-win for everyone involved!

Comparables


We could not find what you were looking for, try a different filter

Contact

Broker's profile image

41-61 Kissena Boulevard

  • Social

  • Comparables

  • Contact

  • Share


  • Login to Suggest Edits