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

/

8211 37th Avenue

RockFarmer Properties Leases Office In Flushing To Antioquia Chiropractic
LEASEDOffice

RockFarmer Properties Leases Office In Flushing To Antioquia Chiropractic

8211 37th Avenue

$48

$48/SF

Building Size

1,619 SF

Asset Type

Office

Closing

Sep 20, 2023

AI

The office space located at 8211 37th Avenue Suite #602 in Flushing has been leased in a single net lease transaction. The property spans 1,619 square feet and was leased for a term of 5 years. The asking rent for the space was $48 per square foot.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Not disclosed
  • Address: 8211 37th Avenue Suite #602, Flushing
  • Market: Flushing
  • Landlord: Kostas Koutsothanasis - RockFarmer Properties
  • Tenant: Dr. Mario Duque - Antioquia Chiropractic
  • Broker: Parry Ermogenous - NextHome Empire
  • Lease Type: Single Net Lease
  • Lease Term: 5 Years

Dr. Mario Duque of Antioquia Chiropractic has leased this office space from Kostas Koutsothanasis of RockFarmer Properties. The leasing transaction was facilitated by Parry Ermogenous of NextHome Empire.

Players

Parry Ermogenous

NextHome

Broker

$4.9M

vol

7 deals

Broker
RP
Rockfarmer PropertiesLandlord

Jackson Heights Office Market Snapshot

Boundary boundary · Office · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

330479.17%

Cash-on-Cash

-94451.96%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93