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39-01 Main Street

Updated Oct 29, 2024

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

Building Size

1,000 SF

Asset Type

Retail

Closing

Oct 29, 2020

About this deal

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.

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Players

Michael Wang

Project Queens

Broker

14 deals

Broker
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Gerson PropertiesLandlord
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Queens Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

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Deal FAQ

About $210 per square foot for 1,000 square feet (2020).

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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

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