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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

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LEASED
$125

New York

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3,600 SF
Leased 02/01/2024
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Property Image
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

See Similar Deals
3,600 SF
Leased 02/01/2024
Contact now

Summary

NEW YORK
Price Per Square Foot:$125
Total Square Footage:3,600 SF
Transaction Type:Lease

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.

Players

Solomon Sharaby
98 deals$3M volume
BROKER

Meyer Saff
5 deals
BROKER

Details

LEASED
IMAGE: Solomon Sharaby DATE: 02/01/2024 ADDRESS: 378 East 149th Street MARKET: South Bronx ASSET TYPE: Retail LANDLORD: Jem Realty - Alan Jemal & Steve Jemal TENANT: Teriyaki R US LANDLORD'S REP: Solomon Sharaby (@Sollo95) - KSR (@Kassin_Sabbagh_Realty) TENANT'S REP: Meyer Saff - Retail Zone ASKING RENT: $125/ft ~ SF: 3,000 LEASE TYPE: Retail Lease

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Deal Type
Effective Rent (Annual)

$515,874.57

Total Lease Value

$5,158,745.69

Net Landlord Cash Flow$515,874.57