AB Capstone Leases 16000 Square Feet To Tenant Represented By Ezra Saff In Bronx
932 Southern BLVD, Bronx, NY, 10459
Building Size
16,000 SF
Asset Type
—
Closing
Nov 20, 2023
AI
The property involved in this transaction is located at 932 Southern Blvd, Bronx, NY, 10459. It comprises a total area of 16,000 square feet, situated within the Bronx market. The landlord for this lease is AB Capstone.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not mentioned
- Tenant's Representative: Ezra Saff
- Landlord: AB Capstone
- Square Feet: 16,000
Ezra Saff represents the tenant in this leasing transaction. AB Capstone is the landlord associated with this deal, facilitating the agreement for the property located in the Bronx.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93