Updated May 22, 2026
Noah Fernando Leases Industrial Space At 80-77 Cypress Avenue Glendale To AMD AK Corp For $23/ft
80-77 Cypress Avenue
$23
$23/SF
Building Size
3,000 SF
Asset Type
Industrial
Closing
May 11, 2026
About this deal
AI
The property asset involved in the transaction is an industrial space located at 80-77 Cypress Avenue in Glendale. The lease agreement specifies a lease term of 3 years under a Modified Gross Lease. The asking rent for the property is set at $23 per square foot for a total area of 3,000 square feet.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $69,000
- Address: 80-77 Cypress Avenue
- Market: Glendale
- Landlord: Noah Fernando
- Tenant: AMD AK CORP
- Tenant's Representative: Lee Eliyahu - Bridge Advisory Group
- Lease Term: 3 Years
- Lease Type: Modified Gross Lease
- Asking Rent: $23/ft
- Square Footage: 3,000
Lee Eliyahu of Bridge Advisory Group successfully represented AMD AK CORP in securing the lease for the industrial property at 80-77 Cypress Avenue. This accomplishment highlights Bridge Advisory Group's expanding footprint in the New York commercial leasing sector, showcasing the firm's focus on strategic advisory services, commercial leasing, and investment sales.
On the Map
$23
$23/SF
Industrial
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Players
Glendale 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
689695.65%
Cash-on-Cash
-197117.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93