Updated Dec 4, 2024
Simone Development Corp. Leases 44,526 SF Industrial Space To Anthony Lawrence Belfair In Bronx
1200 Zerega Avenue
$100
$100/SF
Building Size
44,526 SF
Asset Type
Industrial
Closing
Oct 16, 2024
About this deal
AI
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.
On the Map
$100
$100/SF
Industrial
View full map
Players
Bronx Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
Loading comparables…
Deal FAQ
Visit Helen Paul to view all their deals.
Browse Bronx industrial leases on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
158630.00%
Cash-on-Cash
-45336.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93