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31-52 Steinway Street, Quee...

Barbie Li's B Square Realty Leases 2,100 SF Retail Space In Astoria To Xing Ying
LEASEDRetail

Barbie Li's B Square Realty Leases 2,100 SF Retail Space In Astoria To Xing Ying

31-52 Steinway Street, Queens, New York 11103, United States

$60

$60/SF

Building Size

2,100 SF

Asset Type

Retail

Closing

Nov 18, 2022

AI

The leased property is located at 31-52 Steinway Street in the Astoria market. It is a retail space with a size of 2,100 square feet. The lease transaction took place on November 18, 2022. The landlord of the property is Hui Wang while the tenant is Xing Ying. The asking rent for the space was $60 per square foot.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 31-52 Steinway Street
  • Market: Astoria
  • Size: 2,100 square feet

Barbie Li of B Square Realty served as the broker in this lease deal. Barbie is known for specializing in commercial leases and sales in Queens. She has signed leases for over 10,000 square feet in the past month and has a vast inventory of off-market deals. For more information, you can contact Barbie Li at [email protected].

Players

Li Li

B Square Realty

Broker

$83.2M

vol

49 deals

Broker

Hui Wang

Landlord

$7.8M

vol

7 deals

Landlord

Astoria 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

264383.33%

Cash-on-Cash

-75561.57%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93