Andy Zheng Acquires Retail Space At 41-11 Bell Boulevard Bayside For $1.83M From Seller Flagstar
41 11 Bell Boulevard
$1,830,000
$871/SF
Building Size
2,100 SF
Asset Type
Office
Closing
Oct 28, 2025
AI
The property asset involved in this transaction is located at 41-11 Bell Boulevard, Bayside. It is categorized as a retail asset and was sold for $1,830,000. The square footage of the property is 2,100, resulting in a price per square foot of $871.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $1,830,000
- Address: 41-11 Bell Boulevard
- Market: Bayside
- Square Footage: 2,100
- Price Per Square Foot: $871
- Buyer: Andy Zheng
- Seller: Flagstar
- Seller's Representatives: Dylan Walsh, Nick Kolbus, Kieran Baker & Melissa Naeder - Cushman & Wakefield
This transaction is part of a larger portfolio being offered throughout NYC and metropolitan New York, indicating a strategic move in the property market by the seller and their representatives.
Players
Bayside Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.67%
Cash-on-Cash
-2.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93