Barbie Li Leases Office Space In Flushing Building For $38/ft
142-22 37th Avenue, Queens, New York 11354, United States
Building Size
7,524 SF
Asset Type
Office
Closing
Jan 13, 2022
About this deal
AI
An office space located at 142-22 37th Ave. in Flushing has been leased. The property, with a size of 2,162 square feet, was leased by Barbie Li from Shengli Wen. The lease transaction was facilitated by Barbie Li from B Square Realty.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Lease
- Address: 142-22 37th Ave., Flushing
- Size: 2,162 square feet
- Landlord: Shengli Wen
Barbie Li, a representative of B Square Realty, played a key role in facilitating this lease transaction. It is worth noting that Barbie Li has recently leased over 20,000 square feet in downtown Flushing and there are still 13,000 square feet available in this brand new elevator building. For more information on available spaces, interested parties can contact Barbie Li at 646-889-9988 or email [email protected]. B Square Realty also has additional spaces available throughout Queens.
Players
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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