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33 54 Farrington Street

Rong Weiguo Leases Retail Space At 33-54 Farrington Street In Flushing With Barbie Li's Representation
LEASEDRetail

Rong Weiguo Leases Retail Space At 33-54 Farrington Street In Flushing With Barbie Li's Representation

33 54 Farrington Street

$80

$80/SF

Building Size

4,280 SF

Asset Type

Retail

Closing

Oct 1, 2025

AI

The property asset involved in the transaction is a retail space located at 33-54 Farrington Street in Flushing. The asking rent for the 4,280 square foot space is $80 per foot. The lease type is a retail lease.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $80/ft
  • Address: 33-54 Farrington Street
  • Market: Flushing
  • Landlord: Steven Li
  • Tenant: Rong Weiguo
  • Broker: Barbie Li - B Square Realty
  • Lease Type: Retail Lease
  • Square Footage: 4,280

Barbie Li from B Square Realty represented the landlord in this transaction. The landlord successfully leased the property within 30 days, achieving one of the highest lease rates in the area due to strategic positioning and a comprehensive marketing strategy that included a multi-channel campaign.

Players

Li Li

B Square Realty

Broker

$83.2M

vol

49 deals

Broker

Steven Li

Landlord

$49.6M

vol

7 deals

Landlord

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

198287.50%

Cash-on-Cash

-56671.18%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93