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6130 Bergenline Ave, West N...

High Class Exotics Leases Retail Space In West New York, NJ
LEASEDRetail

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

Christopher Conway

Atlantic Coastal Real Estate

Broker

$12.1M

vol

40 deals

Broker
TG
The Devli GroupLandlord
HL
High Class Exotics LLCTenant

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