Crotona Properties Leases Office Space At 1976 Crotona Parkway Bronx For $42 Per Foot
1976 Crotona Parkway
$42
$42/SF
Building Size
2,500 SF
Asset Type
Office
Closing
Jul 28, 2026
About this deal
AI
The property involved in this transaction is an office space located at 1976 Crotona Parkway in the Bronx. It encompasses a total of 2,500 square feet and is being leased under a Modified Gross Lease at an asking rent of $42 per square foot.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $105,000
- Address: 1976 Crotona Parkway
- Market: Bronx
- Landlord: Crotona Properties
- Broker: Richard Zagranichny - Ripco
- Asking Rent: $42/ft
- Lease Type: Modified Gross Lease
- Remaining Space: 4,000 SQFT on the ground floor and 1,700 SQFT division on the 5th floor
Richard Zagranichny from Ripco represents Crotona Properties in this leasing transaction, assisting with the available office space and addressing any inquiries related to the property.
On the Map
$42
$42/SF
Office
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Players
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
377690.48%
Cash-on-Cash
-107945.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93