Jeffrey Zhao Leases Retail Space At 39-06 Main Street Flushing For $74 Per Square Foot
39-06 Main Street
$74
$74/SF
Building Size
3,200 SF
Asset Type
Retail
Closing
Jul 30, 2026
About this deal
AI
This property is a retail space located at 39-06 Main Street in Flushing, featuring approximately 3,200 square feet on the second floor. The leased space has an asking rent of $74 per square foot and operates under a Modified Gross Lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $236,800
- Tenant: Jeffrey Zhao
- Broker: Li (Barbie) Li - B Square Realty
- Lease Type: Modified Gross Lease
- Date: 07/30/2026
The lease was executed in record time due to effective marketing strategies that highlighted the oversized glass frontage, which allows for strong signage and visibility. The broker's team utilized targeted outreach to ensure the right operator was secured for this commercial space.
On the Map
$74
$74/SF
Retail
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Players
Flushing 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
214364.86%
Cash-on-Cash
-61266.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93