facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Mixed Use

/

Lease

/

555 Bergen Avenue

Callen-Lorde Leases 17,207 SF Mixed-Use Space At 555 Bergen Avenue In Bronx
LEASEDMixed-use

Callen-Lorde Leases 17,207 SF Mixed-Use Space At 555 Bergen Avenue In Bronx

555 Bergen Avenue

$835,000

$835,000/SF

Building Size

17,207 SF

Asset Type

Mixed-use

Closing

Sep 30, 2025

AI

The mixed-use property located at 555 Bergen Avenue in the Bronx comprises a total square footage of 17,207. The lease involved a Modified Gross Lease agreement, facilitating a new location for services provided by the tenant.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: Not disclosed
  • Date of Lease: 10/1/2025
  • Landlord: ISJ Management - David Jemal & Joe Jemal
  • Tenant: Callen-Lorde
  • Tenant's Representative: Carri Lyon & Jenna Catalon - Cushman & Wakefield

The transaction highlights the involvement of ISJ Management as the landlord, represented by David Jemal and Joe Jemal, indicating their role in leasing to the nonprofit health and social services provider Callen-Lorde, which will be expanding its services in the South Bronx.

Players

Carri Lyon

Cushman & Wakefield

Broker

$89.4M

vol

22 deals

Broker
Cushman & Wakefield
Cushman & WakefieldBrokerage

Bronx Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

19.00%

Cash-on-Cash

-5.43%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93