Ecco III Enterprises Inc. Leases Office Space In Flushing, Queens For $40/ft
135-17 Northern Boulevard, Queens, New York 11354, United States
Building Size
5,450 SF
Asset Type
Office
Closing
Feb 28, 2022
About this deal
AI
135-17 Northern Blvd. in Flushing, Queens has been leased for office space. The transaction took place on 03/01/2022.
Summary of transaction details:
- Property Type: Office
- Asking Rent: $40/ft. ~ SF: 5,450
- Address: 135-17 Northern Blvd.
- Market: Flushing, Queens
Jenny Huan is the landlord of the property, while Ecco III Enterprises Inc. is the tenant. The deal was facilitated by broker Frank Ko from E Realty International Corp.
Traded’s record for 135-17 Northern Boulevard, Queens, New York 11354, United States in New York, New York covers a office lease from 2022. Published size for 135-17 Northern Boulevard, Queens, New York 11354, United States is 5,450 square feet. Named participants on the 135-17 Northern Boulevard, Queens, New York 11354, United States lease are Frank Ko. This page is the New York, New York file for the 135-17 Northern Boulevard, Queens, New York 11354, United States office leased: pricing, party profiles, and other closed office comps from the same New York sit in the Market section below. Filter that New York office set by closing date to see what else leased near 135-17 Northern Boulevard, Queens, New York 11354, United States around 2022. Cite this Ecco III Enterprises Inc. Leases Office Space In Flushing, Queens For $40/ft lease when underwriting similar office product around New York, New York.
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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