Xing Ying Signs Lease For Retail Space In Astoria With Landlord Hui Wang - Barbie Li Brokers The Deal - $60/ft. Rent
LEASED
National
See Similar DealsRetail2,100 SF
Leased 11/18/2022
LEASED
Xing Ying Signs Lease For Retail Space In Astoria With Landlord Hui Wang - Barbie Li Brokers The Deal - $60/ft. Rent
31-52 Steinway St, Long Island City, NY 11103, USA
See Similar DealsRetail2,100 SF
Leased 11/18/2022
Summary
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:2,100 SF
Transaction Type:Lease
The retail property located at 31-52 Steinway Street in Astoria has been leased. The property spans 2,100 square feet and was leased by Xing Ying. The landlord, Hui Wang, negotiated the lease agreement with the assistance of broker Barbie Li from B Square Realty. The asking rent for the property was $60 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Lease
- Address: 31-52 Steinway Street
- Market: Astoria
Barbie Li, the broker-owner of B Square Realty, facilitated the lease agreement for this property. As a specialist in commercial leases and sales, Li has successfully signed leases for over 10,000 square feet in the past month alone in Queens. She also maintains a substantial inventory of off-market deals. For more information, interested parties can reach out to Barbie Li at [email protected].
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$144,444.88
Total Lease Value
$1,444,448.79
Net Landlord Cash Flow$144,444.88
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