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135 27 Roosevelt Avenue

Linxiao Xia Leases Retail Space At 135-27 Roosevelt Avenue In Flushing With B Square Realty
LEASEDRetail

Linxiao Xia Leases Retail Space At 135-27 Roosevelt Avenue In Flushing With B Square Realty

135 27 Roosevelt Avenue

$257

$257/SF

Building Size

2,800 SF

Asset Type

Retail

Closing

Aug 4, 2025

AI

The property asset is located at 135-27 Roosevelt Avenue in Flushing, consisting of a retail space with a total square footage of 2,800. The asking rent for the lease is $257 per square foot. The market for this transaction highlights a competitive retail corridor characterized by significant foot traffic and a dense population.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $257/ft
  • Address: 135-27 Roosevelt Avenue
  • Market: Flushing
  • Landlord: Lung Hing
  • Tenant: Linxiao Xia
  • Landlord's Rep: Barbie Li - B Square Realty
  • Tenant's Rep: Wenting Wang - B Square Realty
  • Lease Type: Retail Lease
  • Square Feet: 2,800

The deal showcases the proficient involvement of B Square Realty, represented by Barbie Li and Wenting Wang, who successfully facilitated the lease to a prominent Chinese national brand. Their expertise in strategically matching landlords with high-profile tenants emphasizes their data-driven approach to leasing, aimed at maximizing long-term value for property owners.

Players

Li Li

B Square Realty

Broker

$83.2M

vol

49 deals

Broker
B Square Realty
B Square RealtyBrokerage

Flushing Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

61723.74%

Cash-on-Cash

-17640.83%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93