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41 11 Bell Boulevard

Andy Zheng Acquires Retail Space At 41-11 Bell Boulevard Bayside For $1.83M From Seller Flagstar
SOLDOffice

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

Melissa Naeder

Cushman & Wakefield

Broker

$25.8M

vol

6 deals

Broker

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