High Class Exotics Leases Retail Space In West New York, NJ
6130 Bergenline Ave, West New York, New Jersey 07093, United States
$75
$75/SF
Building Size
1,200 SF
Asset Type
Retail
Closing
Nov 21, 2022
AI
The retail property located at 6130 Bergenline Avenue in West New York, NJ has been leased. The lease transaction was facilitated by Chris Conway of The Goldstein Group on behalf of the tenant, High Class Exotics LLC. The landlord in this deal is The Devli Group. The property spans approximately 1,200 square feet and was leased at an asking rent of $75 per square foot.
Summary of transation details
- Property Type: Retail
- Transaction Amount: Lease
- Date: 11/21/2022
- Address: 6130 Bergenline Avenue, West New York, NJ
- Market: West New York, NJ
- Landlord: The Devli Group
- Tenant: High Class Exotics LLC
- Broker: Chris Conway - The Goldstein Group
This marks Chris Conway's 6th deal on Bergenline Avenue within the past 18 months. For leasing, purchasing, or selling inquiries in the area, interested parties can contact Chris Conway at 201-703-9700 x143.
Players
West New York 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
211506.67%
Cash-on-Cash
-60449.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93