Updated Oct 29, 2024
Bon Epi Leases Multifamily Space At 2151 Lemoine Avenue In Fort Lee, NJ
2151 Lemoine Ave Fort Lee, NJ 07024, USA
$80
$80/SF
Building Size
1,641 SF
Asset Type
MultiFamily
Closing
Mar 22, 2023
About this deal
AI
The multifamily property located at 2151 Lemoine Avenue in Fort Lee, NJ, has been leased. The landlord in this transaction is Ashkenazy Acquisition, while the tenant is Bon Epi. The deal was facilitated by Bruce Herman from Booth Street. The lease was signed on 03/22/2023.
Summary of transaction details
- Property Type: Multifamily
- Asking Rent: $80/ft
- Square Footage: 1,641
- Address: 2151 Lemoine Avenue, Fort Lee, NJ
Notable parties involved in this lease deal were Bruce Herman from Booth Street, who represented the tenant Bon Epi, and Ashkenazy Acquisition, the landlord. The lease agreement was finalized on 03/22/2023.
On the Map
$80
$80/SF
MultiFamily
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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