Stewart Zeng Leases Retail Space At 41-11 Bell Boulevard To Optical Ortho With Brokers Nathan Aballi & Charles Maryles
41-11 Bell Boulevard
$140
$140/SF
Building Size
1,300 SF
Asset Type
Retail
Closing
Feb 17, 2026
About this deal
AI
The property asset involved in this transaction is a retail space located at 41-11 Bell Boulevard, situated in the Bayside market. The asking rent for this space is set at $140 per square foot, and it encompasses an area of 1,300 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $182,000
- Address: 41-11 Bell Boulevard
- Market: Bayside
- Landlord: Stewart Zeng
- Tenant: Optical Ortho
- Lease Type: Retail Lease
- Brokers: Nathan Aballi & Charles Maryles - KSR
This transaction involves key individuals, including Stewart Zeng representing the landlord and Optical Ortho as the tenant. The brokerage representation is handled by Nathan Aballi and Charles Maryles from KSR, ensuring the deal's facilitation and successful closure.
On the Map
$140
$140/SF
Retail
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Players
Bayside 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
113307.14%
Cash-on-Cash
-32383.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93