Metate Authentic Mexican Restaurant Leases Mixed-Use Space In Bronx For $65/ft
600 Bergen Avenue, Bronx, NY, USA
Building Size
3,200 SF
Asset Type
Mixed-use
Closing
Feb 9, 2021
AI
The mixed-use property located at 600 Bergen Avenue in the Bronx has been leased. The transaction took place on 02/10/2021. The property is situated in a prominent market in the Bronx.
Summary of transaction details:
- Property Type: Mixed-use
- Address: 600 Bergen Avenue
- Market: Bronx
Metate Authentic Mexican Restaurant has become the new tenant of the property. The landlord, Aaron Koff of La Central, facilitated the lease agreement. Kathy Zamechansky, Adam Lavian, and Keion Smith, representing Habendum Real Estate, acted as brokers in the deal.
The asking rent for the property is $65 per square foot, with a total area of 3,200 square feet.
Habendum Real Estate specializes in commercial leasing and sales, serving as representatives for both landlords and tenants across the five boroughs. For more information about this transaction or other commercial real estate opportunities, you can contact Habendum Real Estate directly:
- Keion Smith - Phone: 347-661-3993
- Adam Lavian - Phone: 516-662-6176
- Kathy Zamechansky (Landlord Representative) - Phone: 718-829-5775
Players
New York 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93