facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Retail

/

Lease

/

1000 Westchester Avenue

Updated Oct 29, 2024

Bilt advertisement
Community Health Network Leases Retail Space At 1000 Westchester Avenue In Bronx
LEASEDRetail

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

Marc Sitt

Kassin Sabbagh Realty

Broker

$276M

vol

69 deals

Broker
Peter Fine

Peter Fine

Bolivar Development

Landlord

$477.2M

vol

20 deals

Landlord

Market Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

Loading comparables…

Deal FAQ

About $50 per square foot on a published $50 for 10,000 square feet (2023).

Visit Christopher Turner to view all their deals.

Browse New York retail leases on Traded.

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

More Deals

Nearby Markets