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815 East 135th Street

West African Import Leases 10,000 SF Industrial Space At 815 East 135th Street Bronx
LEASEDIndustrial

West African Import Leases 10,000 SF Industrial Space At 815 East 135th Street Bronx

815 East 135th Street

$30

$30/SF

Building Size

10,000 SF

Asset Type

Industrial

Closing

Dec 22, 2024

AI

The property involved in this transaction is an industrial asset located at 815 East 135th Street in the Bronx. It has a total square footage of 10,000 and is leased at an asking rent of $30 per square foot. The lease duration agreed upon is 10 years under a Double Net Lease structure.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $300,000
  • Address: 815 East 135th Street
  • Market: Bronx
  • Tenant: West African Import
  • Lease Term: 10 years
  • Lease Type: Double Net Lease
  • Brokers: Elie Cohen & Yaron Cohen - Leviathan Leasing

The transaction features key individuals Elie Cohen and Yaron Cohen, who acted as the brokers representing the leasing party in this deal. They were instrumental in facilitating the agreement between the tenant and the property owner throughout the negotiation process.

Players

Yaron Cohen

Leviathan Capital

Broker

12 deals

Broker

Bronx Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

528766.67%

Cash-on-Cash

-151123.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93