Carvel, Cinnabon and Auntie Anne’s to open combination location at One Sixteen in Rockaway Park

August 24, 2026 - Brokerage

One Sixteen - Queens, NY
*Credit: Marcal Group*

Queens, NY A new Carvel, Cinnabon and Auntie Anne’s combination store is coming to One Sixteen, Marcal Group’s mixed-use development at 133 Beach 116^th St. in Rockaway Park, following a 10-year retail lease arranged by Lee & Associates NYC.

Paul Guarneri, a local franchisee since 2014, is relocating his Carvel location at 1-89 Beach 116^th St. Expected to open in Q1 of 2027, the new location will bring the three brands of Carvel, Cinnabon, and Autie Anne’s together under one roof.

Jeffrey Lopez of Lee & Associates NYC represented the landlord, Marcal Group, in the direct lease transaction, and worked with Guarneri throughout the lease negotiations. There was no outside tenant broker. The asking rent was $50 per s/f.

“The retail at ‘One Sixteen’ was designed to bring best-in-class operators and everyday conveniences to the Rockaway community, and this lease is another important step toward realizing that vision,” said Lopez. “Paul is a proven local operator, and bringing three iconic brands together under one roof creates a destination that will benefit both residents and the thousands of visitors who come to Rockaway each year.”

One Sixteen is a 130,000 s/f mixed-use development featuring residential condominiums above ground-floor retail space along Beach 116^th St., the neighborhood’s primary commercial corridor. The property is located near the Rockaway Park-Beach 116^th Street A train station and offers access to the NYC Ferry and the Rockaway beachfront.

The lease continues Lee & Associates NYC’s retail leasing efforts at the development. Lopez previously arranged Orangetheory Fitness’ lease at One Sixteen.

Guarneri, a longtime Rockaway-area operator and resident, said the relocation will allow him to better serve the community while expanding the customer experience.

“We’re excited to bring Carvel, Cinnabon and Auntie Anne’s together in one modern location,” said Guarneri. “This has been my home market for many years, and we’re looking forward to welcoming both longtime customers and new visitors to One Sixteen.”