YS Developers Leases Mixed-Use Property On Grand Concourse To GC Parking
LEASED
New York
See Similar DealsMixed-use18,000 SF
Leased 10/25/2022
LEASED
YS Developers Leases Mixed-Use Property On Grand Concourse To GC Parking
310 Grand Concourse, The Bronx, New York 10451, United States
See Similar DealsMixed-use18,000 SF
Leased 10/25/2022
Summary
NEW YORK
Asset Type:Mixed-use
Total Square Footage:18,000 SF
Transaction Type:Lease
The mixed-use property located at 310 Grand Concourse in Mott Haven has been leased. The transaction was completed on 10/25/2022. The property, spanning 18,000 square feet, was leased to GC Parking for a 10-year term. The asking rent for the property was $18 per square foot.
Summary of transaction details
- Property Type: Mixed-Use
- Transaction Date: 10/25/2022
- Address: 310 Grand Concourse
- Market: Mott Haven
- Landlord: YS Developers - Simon Kaufman
- Tenant: GC Parking
- Broker: Dov Bleich - Tri-State Commercial Realty
- Asking Rent: $18/ft.
- Square footage: 18,000
- Lease Terms: 10-year
Dov Bleich from Tri-State Commercial Realty represented the landlord, YS Developers - Simon Kaufman, in the transaction. No additional information was available regarding this lease deal.
Players
TENANT
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,031,749.14
Total Lease Value
$10,317,491.38
Net Landlord Cash Flow$1,031,749.14
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