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
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