- Development site
- Represented the seller and buyer
153-11 90th Ave, Jamaica, NY 11432
Additional Information
| City | Queens |
|---|---|
| Broker | Mark Akilov, Yuriy Ustoyev |
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AssetCRG has successfully leased out 42-28 Bell Boulevard for a 10-year lease with 5-year option. The 1,200SF space was leased to SnowdaysNYC. They are currently located in 5 locations and are working on their 6th location in Los Angles, California
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- Re-development
- Represented the seller and buyer
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Remarks at Closing:
– Closed for 5.1% CAP
– AT&T has been a tenant for 15 years
– Recently completed a 10-year term and 5-year option ending in Dec. 2017 & has renewed early and requested (2) 3-year extensions on existing renewals
– Tenant has done a complete interior renovation and is strongly committed to the site
– High traffic busy corner location, many national retailers located nearby, out-parcel to a larger center
– Landlord pays taxes/CAM and 100% reimbursed by tenant. LL responsible for roof/structure
