Option Care Enterprises Leases Office Space At 3199 Bainbridge Ave. In Norwood
3199 Bainbridge Avenue, The Bronx, New York 10467, United States
Building Size
2,700 SF
Asset Type
Office
Closing
Mar 31, 2022
AI
Option Care Enterprises has leased a 2,700 square foot office space located at 3199 Bainbridge Ave in Norwood. The lease transaction was facilitated by brokers Anthony Volman from Highcap Group and Trent Dickey from JLL. The asking rent for the property was $50 per square foot.
Summary of transaction details
- Property Type: Office
- Transaction Date: 04/01/2022
- Address: 3199 Bainbridge Ave, Norwood
- Market: Norwood
- Landlord: Josh Schwartz
- Tenant: Option Care Enterprises
- Brokers: Anthony Volman - Highcap Group & Trent Dickey - JLL
- Asking Rent: $50/ft
Anthony Volman from Highcap Group and Trent Dickey from JLL represented the respective parties involved in the lease deal.
New York 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