Diana Saldarriaga Leases Retail Space At 12-11 Jackson Avenue In Long Island City For $123/ft
12 11 Jackson Avenue
$123
$123/SF
Building Size
2,160 SF
Asset Type
Retail
Closing
Jul 28, 2025
AI
The property asset involved in this lease transaction is a retail space located at 12-11 Jackson Avenue in Long Island City. The asset spans 2,160 square feet and was leased at an asking rent of $123 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $267,480
- Address: 12-11 Jackson Avenue
- Market: Long Island City
- Landlord: Daiping Zheng
- Tenant: Diana Saldarriaga
- Landlord's Representative: Barbie Li - B Square Realty
- Tenant's Representative: Will Fang - B Square Realty
- Lease Type: Retail Lease
This transaction was successfully executed with the involvement of Barbie Li and Will Fang, both representing parties from B Square Realty. The landlord retained Barbie Li as the representative to facilitate the lease process, while Will Fang represented the tenant. The deal highlights the effective strategy and market analysis that was applied to secure a lease with a well-known national cookie chain.
Players
Long Island City 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
128967.48%
Cash-on-Cash
-36859.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93