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80-77 Cypress Avenue

Noah Fernando Leases Industrial Space At 80-77 Cypress Avenue Glendale To AMD AK Corp For $23/ft
LEASEDIndustrial

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

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.

Players

Lee Eliyahu

Bridge Advisory Group

Broker

1 deal

Broker

Noah Fernando

Landlord

$2.6M

vol

3 deals

Landlord

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