Liu Lin Leases Retail Space In Flushing For $58/ft. At 136-55 37th Ave
13655 37th Avenue, Flushing, NY 11354
Building Size
6,400 SF
Asset Type
Retail
Closing
Jul 1, 2020
AI
The retail property located at 136-55 37th Ave in Flushing has been leased to tenant Liu Lin. The landlord of the property is Li Li & Hang Dong Zhang. The lease transaction was facilitated by Barbie Li from an undisclosed agency.
Summary of transaction details
- Property Type: Retail
- Asking Rent: $58/ft.
- Square Footage: 6,400
- Market: Flushing
Barbie Li specializes in commercial leasing and sales in New York. She has a variety of exclusive clientele that are actively buying/leasing in all five boroughs. For more information, contact Barbie Li's team at 347-628-8818.
Players
New York 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93