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39-01 Main Street

Mix N Match Signs Lease At 39-01 Main St, Flushing Retail Space
LEASEDRetail

Mix N Match Signs Lease At 39-01 Main St, Flushing Retail Space

39-01 Main Street

$210

$210/SF

Building Size

1,000 SF

Asset Type

Retail

Closing

Oct 29, 2020

AI

Located at 39-01 Main St in Flushing, this retail property has recently been leased. The transaction took place on October 29, 2020.

Summary of transaction details:

  • Property Type: Retail
  • Asking Rent: $210 per square foot
  • Size: 1,000 square feet
  • Tenant: Mix N Match
  • Landlord: Gerson Properties
  • Broker: Michael Wang - Project Queens

The retail space was leased by Mix N Match at an asking rent of $210 per square foot for a total of 1,000 square feet. The landlord in this transaction was Gerson Properties. The deal was facilitated by Michael Wang from Project Queens.

Players

Michael Wang

Project Queens

Broker

14 deals

Broker
GP
Gerson PropertiesLandlord

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

75538.10%

Cash-on-Cash

-21589.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93