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1976 Crotona Parkway

Crotona Properties Leases Office Space At 1976 Crotona Parkway Bronx For $42 Per Foot
LEASEDOffice

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

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.

Players

Richard Zagranichny

Ripco

Broker

$2.2M

vol

3 deals

Broker
CP
Crotona PropertiesLandlord

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