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72-01 Queens Boulevard

PINK Beauty Salon Leases 4,500 SF At 72-01 Queens Boulevard From SOLA For $50/ft
LEASEDMultiFamily

PINK Beauty Salon Leases 4,500 SF At 72-01 Queens Boulevard From SOLA For $50/ft

72-01 Queens Boulevard

$50

$50/SF

Building Size

4,500 SF

Asset Type

MultiFamily

Closing

May 27, 2026

AI

The transaction involves a multi-family asset located at 72-01 Queens Boulevard in Woodside, featuring a retail lease with an asking rent of $50 per square foot for a space measuring 4,500 square feet.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $225,000
  • Address: 72-01 Queens Boulevard
  • Market: Woodside
  • Landlord: SOLA
  • Tenant: PINK Beauty Salon
  • Broker: Aaron Aziz - ARA
  • Lease Type: Retail Lease
  • Asking Rent: $50/ft

Aaron Aziz from ARA facilitated the lease transaction, representing both the landlord SOLA and the tenant PINK Beauty Salon. This dual representation highlights ARA's capability in handling both sides of the leasing process, catering to owners and tenants alike.

Players

Aaron Aziz

ARA

Broker

47 deals

Broker
S
SolaceLandlord
PS
PINK Beauty SalonTenant

Woodside MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

317260.00%

Cash-on-Cash

-90673.88%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93