facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Office

/

Lease

/

142-22 37th Ave Queens, NY ...

Updated Sep 9, 2024

WeWork Rents Office Space At 142-22 37th Avenue In Downtown Flushing, Queens
LEASEDOffice

WeWork Rents Office Space At 142-22 37th Avenue In Downtown Flushing, Queens

142-22 37th Ave Queens, NY 11354, USA

$50

$50/SF

Building Size

13,559 SF

Asset Type

Office

Closing

Aug 31, 2023

About this deal

AI

The recent lease transaction in Downtown Flushing, Queens involves an office space located at 142-22 37th Avenue. The landlord, Shengli Wen, has successfully leased the property to tenant Jackson Zhao. The transaction was facilitated by broker Barbie Li from B Square Realty. The property spans a total of 13,559 square feet and is classified as a 6-story community facility. The asking rent for the space was $50 per square foot.

Summary of Transaction Details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 142-22 37th Avenue, Flushing, NY 11354
  • Market: Downtown Flushing, Queens
  • Landlord: Shengli Wen
  • Tenant: Jackson Zhao
  • Broker: Barbie Li - B Square Realty
  • Size: 13,559 square feet
  • Asking Rent: $50 per square foot

Barbie Li, the broker from B Square Realty, played a pivotal role in securing this lease deal. With this transaction, Li once again demonstrates her expertise and success in the Flushing real estate market. The property is fully leased and marks another landmark deal in the area. For those looking to optimize their investments or find the perfect commercial space, the Barbie Li Team offers a diverse portfolio of pristine commercial properties. Interested parties can contact them at 347-628-8818.

Players

Li Li

B Square Realty

Broker

$83.2M

vol

50 deals

Broker

Shengli Wen

Landlord

3 deals

Landlord

Flushing Office Market Snapshot

Boundary boundary · Office · Lease transactions

Loading comparables…

Deal FAQ

About $50 per square foot on a published $50 for 13,559 square feet (2023).

Visit Li (Barbie) Li to view all their deals.

Browse Flushing office leases on Traded.

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

More Deals

Nearby Markets