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828 E 149th St, The Bronx, ...

Updated Oct 29, 2024

EssenHealthCare Leases Mixed-Use Space In Bronx's 828 East 149th Street From Landlord Douglaston Development. Brokers Vic Sozio & Daniel Mahfar Represented The Deal
LEASEDMixed-use

EssenHealthCare Leases Mixed-Use Space In Bronx's 828 East 149th Street From Landlord Douglaston Development. Brokers Vic Sozio & Daniel Mahfar Represented The Deal

828 E 149th St, The Bronx, NY 10455, USA

Building Size

180,000 SF

Asset Type

Mixed-use

Closing

Nov 4, 2019

About this deal

AI

The mixed-use property located at 828 East 149th Street in Bronx has recently undergone a closed transaction. The property offers a total of 18,000 square feet and is situated in a prime location. The deal was facilitated by Vic Sozio and Daniel Mahfar, who represented both the tenant and the landlord.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: Not specified
  • Address: 828 East 149th Street
  • Market: Bronx

The tenant for this property is EssenHealthCare, while the landlord is Douglaston Development. Vic Sozio and Daniel Mahfar, from an undisclosed agency, served as the brokers for this transaction. Unfortunately, no information regarding the asking rent or any other financial details are available at this time.

Players

Daniel Mahfar

Ariel Property Advisors

Broker

$769.5M

vol

45 deals

Broker
Douglaston Development
Douglaston DevelopmentLandlord
EssenHealthCare
EssenHealthCareTenant

New York Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Lease transactions

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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

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