Shengli Wen Leases Office Space In Flushing To Ashcan Studio, Nanoom Adult Day Care & Evergreen Adult Center
142-22 37th Ave Queens, NY 11354, USA
$50
$50/SF
Building Size
13,559 SF
Asset Type
Office
Closing
Mar 15, 2022
About this deal
AI
The office space located at 142-22 37th Avenue in Flushing has been leased. The property, with a total square footage of 7,524 square feet, was leased by the tenants Ashcan Studio, Nanoom Adult Day Care, and Evergreen Adult Center. The lease transaction was facilitated by broker Barbie Li from B Square Realty. The landlord of the property is Shengli Wen.
Summary of transaction details:
- Property Type: Office
- Asking Rent: $50 per square foot
- Square Footage: 7,524
- Address: 142-22 37th Avenue, Flushing
- Market: Flushing
Barbie Li, a representative from B Square Realty, successfully leased over 20,000 square feet of commercial space in Flushing. Her team's exceptional marketing skills played a key role in securing tenants for this office space. For more information about this lease transaction, contact Barbie Li at 646-889-9988.
Players
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Boundary boundary · Office · Lease transactions
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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