Sobro Parking Corp Leases Mixed-Use Property At 276 Grand Concourse, Mott Haven
276 Grand Concourse
$35
$35/SF
Building Size
11,500 SF
Asset Type
Mixed-use
Closing
Mar 1, 2022
About this deal
AI
Located at 276 Grand Concourse in Mott Haven, this mixed-use property was recently involved in a lease transaction. The deal was facilitated by brokers Dov Bleich and Sam Hartstein from Tri State Commercial Realty on behalf of the landlord, Jacob Schwimmer, and the tenant, Sobro Parking Corp. The lease was signed on 03/01/2022.
Summary of transaction details
- Property Type: Mixed-use
- Address: 276 Grand Concourse
- Market: Mott Haven
- Landlord: Jacob Schwimmer
- Tenant: Sobro Parking Corp.
- Brokers: Dov Bleich & Sam Hartstein - Tri State Commercial Realty
- Asking Rent: $35/ft.
- Square Footage: 11,500
The lease for this property at 276 Grand Concourse exemplifies the collaboration of key individuals and companies involved in the transaction. Dov Bleich and Sam Hartstein from Tri State Commercial Realty played a crucial role as the brokers representing both the landlord, Jacob Schwimmer, and the tenant, Sobro Parking Corp.
On the Map
$35
$35/SF
Mixed-use
View full map
Players
Bronx Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Lease transactions
Loading comparables…
Deal FAQ
Visit Samuel (Sam) Hartstein to view all their deals.
Browse Bronx mixed use leases on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
453228.57%
Cash-on-Cash
-129534.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93