Simone Development Corp. Leases 44,526 SF Industrial Space To Anthony Lawrence Belfair In Bronx
LEASED
$100
New York
See Similar DealsIndustrial44,526 SF
Leased 10/16/2024
LEASED
Simone Development Corp. Leases 44,526 SF Industrial Space To Anthony Lawrence Belfair In Bronx
1200 Zerega Avenue
See Similar DealsIndustrial44,526 SF
Leased 10/16/2024
Summary
NEW YORK
Asset Type:Industrial
Price Per Square Foot:$100
Total Square Footage:44,526 SF
Transaction Type:Lease
The property located at 1200 Zerega Avenue in the Bronx is an industrial asset encompassing 44,526 square feet. The lease type for this transaction is a Modified Gross Lease.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not Disclosed
- Address: 1200 Zerega Avenue
- Market: Bronx
- Landlord: Simone Development Corp.
- Tenant: Anthony Lawrence Belfair
- Brokers: Helen Paul - Cushman & Wakefield; Joseph Caputo - Exit Realty Premier
Representing the landlord in this lease transaction is Simone Development Corp, while Anthony Lawrence Belfair takes on the role of tenant. The brokers involved are Helen Paul from Cushman & Wakefield and Joseph Caputo from Exit Realty Premier.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$5,104,406.90
Total Lease Value
$51,044,069.02
Net Landlord Cash Flow$5,104,406.90
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