Sobro Parking Corp Leases Mixed-Use Property At 276 Grand Concourse, Mott Haven
LEASED
$35
New York
See Similar DealsMixed-use11,500 SF
Leased 03/01/2022
LEASED
Sobro Parking Corp Leases Mixed-Use Property At 276 Grand Concourse, Mott Haven
276 Grand Concourse
See Similar DealsMixed-use11,500 SF
Leased 03/01/2022
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$35
Total Square Footage:11,500 SF
Transaction Type:Lease
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.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$461,421.14
Total Lease Value
$4,614,211.42
Net Landlord Cash Flow$461,421.14
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