Astra Hospitality signs lease at 41-05 29th St. in Long Island City
Queens, NY Thomas Galo of RTL represented the landlord in a retail lease at 41-05 29th St. in Long Island City, securing Astra Hospitality for the building’s ground-floor retail space.
Astra Hospitality signed a 10-year lease for 2,407 s/f at the base of the property’s 86-unit luxury condominium tower in the Queens Plaza North neighborhood. The asking rent for the space was $85 per s/f. Galo represented the landlord, Hazelton Capital Group & SB Development. Victor Terzi of Isaacs & Company represented the tenant. The Long Island City location will debut as a café and wine bar concept.
The property is located in a retail corridor of LIC, with nearby tenants including Finback Brewery, FER, Planet Fitness and Pueblo Querido Coffee Roasters.