Digestive Disease Care Signs Retail Lease At 107-40 Queens Boulevard In Forest Hills With Landlord Swayne Shu
107 40 Queens Boulevard
$125
$125/SF
Building Size
3,500 SF
Asset Type
Retail
Closing
Feb 25, 2025
AI
The property asset involved in this transaction is a retail space located at 107-40 Queens Boulevard in Forest Hills. The asking rent for this 3,500 square foot retail lease was set at $125 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $125/ft
- Address: 107-40 Queens Boulevard
- Market: Forest Hills
- Asset Size: 3,500 SF
- Landlord: Swayne Shu
- Tenant: Digestive Disease Care
- Brokers: David Green & Aynsley Thaler - KSR
- Lease Type: Retail Lease
This transaction involved notable figures: Swayne Shu acted as the landlord while Digestive Disease Care took on the role of the tenant. The brokers facilitating the lease were David Green and Aynsley Thaler from KSR, representing the interests of the involved parties.
Players
Forest Hills Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
126904.00%
Cash-on-Cash
-36269.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93