Altice Leases Retail Space At 5717 Bergenline Ave In West New York
LEASED
New Jersey
See Similar DealsRetail2,256 SF
Leased 06/08/2022
LEASED
Altice Leases Retail Space At 5717 Bergenline Ave In West New York
5717 Bergenline Avenue, West New York, New Jersey 07093, United States
See Similar DealsRetail2,256 SF
Leased 06/08/2022
Summary
NEW JERSEY
Asset Type:Retail
Total Square Footage:2,256 SF
Transaction Type:Lease
Altice has leased a retail space at 5717 Bergenline Ave in West New York. The property spans 2,256 square feet and was leased for an asking rent of $60 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Lease
- Address: 5717 Bergenline Ave
- Market: West New York
The landlord of the property is Jason Hoffman & Family. Altice signed the lease agreement with the representation of Josh Augenbaum from Augenbaum Realty Corp. and Jake Fratzman from Ripco Real Estate.
Note from Augenbaum Realty NY: A neighboring property at 5715 Bergenline Ave is also available for lease, previously occupied by T Mobile and measuring around 1,800 square feet. The asking rent for this space is $65 per square foot.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$129,312.56
Total Lease Value
$1,293,125.59
Net Landlord Cash Flow$129,312.56
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