Kyung Park Leases Industrial Space To Alex Chan At 431 Southern Boulevard Bronx For $22/ft

This industrial property, located at 431 Southern Boulevard in the Bronx, features a total square footage of 20,217. The property has been leased under a NNN lease with an asking rent of $22 per square foot.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $22/ft
• Lease Type: NNN Lease
• Landlord: Kyung Park
• Tenant: Alex Chan
• Broker: Joey Kafif - Safdie Realty Group
• Date of Transaction: 5/22/2025

Joey Kafif from Safdie Realty Group represented the landlord and tenant in this lease transaction. Safdie Realty Group specializes in landlord and tenant representation across Brooklyn, Bronx, Manhattan, Queens, and Staten Island.