Jewish Child Care Association Signs 10-Year Lease For Office Space At 521 Bergen Avenue Bronx

The property involved in this transaction is an office space located at 521 Bergen Avenue in the Bronx. The total leased area spans 18,442 square feet with an asking rent of $40 per square foot. The property is a part of the South Bronx market and is utilized for various services by the tenant.

Summary of transation details:

• Property Type: Office
• Transaction Amount: $40/ft
• Leased Square Footage: 18,442
• Lease Term: 10-year lease
• Address: 521 Bergen Avenue
• Market: Bronx
• Landlord: Bridgerock Capital
• Tenant: Jewish Child Care Association
• Landlord's Representative: William Korchak, Al Gutierrez, Ellen Herman, Edward DiTolla & Henry Warner - JLL
• Tenant's Representative: Bradley Gerla, Jonathan Cope & William Jordan - CBRE

The Jewish Child Care Association has signed a 10-year lease to occupy the ground floor for counseling and medical services and the sixth floor for office space, marking their relocation from a previous address at 425 Westchester Avenue.