Urban Style Leases 1700 Square Feet At 1007 Southern Blvd Bronx With Tenant's Rep David Green
1007 Southern BLVD, Bronx, NY, 10459
Building Size
1,700 SF
Asset Type
Retail
Closing
Nov 19, 2023
About this deal
AI
The property involved in this transaction is located at 1007 Southern Blvd, Bronx, NY, 10459. This lease transaction covers a space of 1,700 square feet in the Bronx market. The property is owned by 1007 Southern Blvd LLC.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 1007 Southern BLVD, Bronx, NY, 10459
- Market: Bronx
- Square Feet: 1700
- Tenant: Urban Style
- Landlord: 1007 Southern Blvd LLC
- Tenant's Rep: David Green - Kassin Sabbagh Realty
This lease transaction was facilitated by David A. Green, representing the tenant, Urban Style, through Kassin Sabbagh Realty. The landlord for this deal is 1007 Southern Blvd LLC, highlighting the roles of both parties in closing this lease agreement.
On the Map
Retail
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Players
Bronx 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93