Updated Dec 4, 2024
Sushi By Bou Leases Retail Space In New Rochelle For $40/ft
64 Centre Avenue
$40
$40/SF
Building Size
3,374 SF
Asset Type
MultiFamily
Closing
Oct 9, 2023
About this deal
AI
A retail property located at 64 Centre Avenue in New Rochelle has recently been leased. The property spans approximately 3,374 square feet and is owned by All State Developers, represented by Abraham Jeremias. The tenant for this retail space is Sushi By Bou.
Summary of transaction details
- Property Type: Retail
- Address: 64 Centre Avenue, New Rochelle
- Market: New Rochelle
- Landlord: All State Developers - Abraham Jeremias
- Tenant: Sushi By Bou
- Landlord's Representative: John Le Vine & Archibald Rowan - EXR
- Tenant's Representative: David Dubinsky - EXR
- Asking Rent: $40/ft
- Lease Type: Modified Gross Lease
John Le Vine and Archibald Rowan from EXR represented the landlord, while the tenant was represented by David Dubinsky, also from EXR.
On the Map
$40
$40/SF
MultiFamily
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Players
New Rochelle MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
396575.00%
Cash-on-Cash
-113342.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93