Updated Dec 21, 2023
Luming Li Leases Office Space At 75-43 Parsons Blvd, Fresh Meadows, Queens
75 43 Parsons Blvd #2 Fl, Fresh Meadows, Ny 11366, Usa
Building Size
5,782 SF
Asset Type
Office
Closing
Sep 28, 2020
About this deal
AI
A lease transaction was recently completed for an office space located at 75-43 Parsons Blvd, Fresh Meadows, Queens. The property, spanning across 5,782 square feet, was leased by Luming Li. The landlord of the property is Weihong Hu. The asking rent for the lease was $25 per square foot.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not Applicable
- Address: 75-43 Parsons Blvd, Fresh Meadows, Queens
- Square Footage: 5,782
- Tenant: Luming Li
- Landlord: Weihong Hu
The lease transaction for the office space was facilitated by Barbie Li, a broker from Barbie Li's agency.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93