America’s Best Contacts And Glasses Leases 4325 SF At 50 W 225th St Bronx
50 W 225th St, New York, NY, 10468
$75
$75/SF
Building Size
4,325 SF
Asset Type
—
Closing
Nov 20, 2023
AI
The property involved in this lease transaction is located at 50 W 225th St, New York, NY, 10468, in the Bronx market. The leased space encompasses 4,325 square feet with a rental rate of $75 per square foot.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Tenant: America’s Best Contacts and Glasses
- Landlord: Kingsbridge Associates, LLC
- Tenant's Representative: Marc Durst(LLC)
- Landlord's Representative: Laurence Roberts()
This deal reflects the partnership between America’s Best Contacts and Glasses and Kingsbridge Associates, LLC, facilitated by tenant representative Marc Durst(LLC) and landlord representative Laurence Roberts().
Players
Bronx CRE Market Snapshot
Boundary boundary · CRE · 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