SOLDRetail
Wen Xin Zhang Leases Retail Space At 149-44-46 41st Ave In Flushing, Queens With Barbie Li @Barbie_Li_NY_Broker
149-44 41st Ave, Flushing, NY 11355, USA
Building Size
30,000 SF
Asset Type
Retail
Closing
Aug 27, 2020
AI
A retail property located at 149-44-46 41st Ave in Flushing, Queens has been leased. The property spans 3,000 square feet and was leased by Wen Xin Zhang.
Summary of transaction details:
- Property Type: Retail
- Address: 149-44-46 41st Ave, Flushing, Queens
- Tenant: Wen Xin Zhang
- Landlord: Zun Hao Lin & Hui Wang
- Broker: Barbie Li @Barbie_Li_NY_Broker
In this transaction, the landlord of the property was represented by Zun Hao Lin & Hui Wang. The leasing process was facilitated by broker Barbie Li from Barbie Li Real Estate.
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93