VNS Health Renews 8,000 Square Foot Lease At 1200 Waters Place In The Bronx
1200 Waters Place
Building Size
8,000 SF
Asset Type
Office
Closing
Nov 11, 2026
About this deal
AI
The property involved in this lease transaction is an 8,000-square-foot office located at 1200 Waters Place in the Bronx, situated within the Hutchinson Metro Center. This asset is a part of the Bronx market, offering a strategic location for tenant operations.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Lease Renewal
- Address: 1200 Waters Place
- Market: Bronx
- Landlord: Joe Simone - Simone Development Companies
- Tenant: VNS Health
- Brokers: Peter Trivelas & Tara Stacom - Cushman & Wakefield
VNS Health has renewed its lease at this location, where it has maintained tenancy since 2003. The lease renewal emphasizes the ongoing relationship between the landlord and tenant, highlighting VNS Health's commitment to their office space in the Bronx.
On the Map
Office
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Bronx Office Market Snapshot
Boundary boundary · Office · 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