Community Health Network Leases Retail Space At 1000 Westchester Avenue In Bronx
1000 Westchester Avenue
$50
$50/SF
Building Size
10,000 SF
Asset Type
Retail
Closing
Mar 1, 2023
About this deal
AI
The retail property located at 1000 Westchester Avenue in Bronx has been leased. The property spans 10,000 square feet and the asking rent was $50 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not available
- Address: 1000 Westchester Avenue
- Market: Bronx
Bolivar Development, represented by Peter Fine, served as the landlord in this transaction. The tenant, Community Health Network, was represented by Christopher Turner.
The retail lease at 1000 Westchester Avenue in New York leased for $50 in 2023. The building is 10,000 square feet, implying about 50 per square foot on the published price. Christopher Turner, Marc Sitt, Peter Fine, Denham Wolf Real Estate Services appear on the lease alongside Denham Wolf Real Estate Services, Kassin Sabbagh Realty. This page is the New York file for the 1000 Westchester Avenue retail leased: pricing, party profiles, and other closed retail comps from the same New York sit in the Market section below. Filter that local retail set by closing date to see what else leased near 1000 Westchester Avenue around 2023. Published consideration for 1000 Westchester Avenue is $50, dated 2023. Cite this Community Health Network Leases Retail Space At 1000 Westchester Avenue In Bronx lease when underwriting similar retail product around New York.
Players
Market Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
317260.00%
Cash-on-Cash
-90673.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93