facebook


Go ProSubmit a deal
Submit
Home

/

Deals

/

New York

/

All

/

Lease

/

378 East 149th Street

Updated Dec 4, 2024

Teriyaki R US Leases Retail Space At 378 East 149th Street In South Bronx, Landlord's Rep Solomon Sharaby - KSR, Tenant's Rep Meyer Saff - Retail Zone
LEASED

Teriyaki R US Leases Retail Space At 378 East 149th Street In South Bronx, Landlord's Rep Solomon Sharaby - KSR, Tenant's Rep Meyer Saff - Retail Zone

378 East 149th Street

$125

$125/SF

Building Size

3,600 SF

Asset Type

—

Closing

Feb 1, 2024

About this deal

AI

The retail space located at 378 East 149th Street in the South Bronx has been leased. The property spans 3,000 square feet and was leased by Teriyaki R US. The lease was facilitated by Solomon Sharaby from KSR, representing the landlord, Jem Realty, owned by Alan Jemal and Steve Jemal. The asking rent for the space was $125 per square foot.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Lease
  • Address: 378 East 149th Street
  • Market: South Bronx
  • Tenant: Teriyaki R US
  • Landlord: Jem Realty - Alan Jemal & Steve Jemal
  • Landlord's Representative: Solomon Sharaby - KSR
  • Asking Rent: $125/ft
  • Square Footage: 3,000
  • Lease Type: Retail Lease

Solomon Sharaby from KSR represented Jem Realty as the landlord's agent in this lease agreement. Meanwhile, Teriyaki R US enlisted the services of Meyer Saff from Retail Zone as their representative. This transaction signifies an agreement between the two parties for the retail space at 378 East 149th Street in the South Bronx.

On the Map

Open live map

$125

$125/SF

View full map

Players

Solomon Sharaby

Kassin Sabbagh Realty

Broker

$6.3M

vol

111 deals

Broker
Bilt advertisement

Bronx CRE Market Snapshot

Boundary boundary · CRE · Lease transactions

Loading comparables…

Deal FAQ

About $125 per square foot on a published $125 for 3,600 square feet (2024).

Visit Solomon Sharaby to view all their deals.

Browse Bronx leases on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

126904.00%

Cash-on-Cash

-36269.55%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets