Forever Young Daycare Leases Retail Space On Franklin Ave. In Morrisania, Bronx

The retail property located at 1100 Franklin Ave. in Morrisania, Bronx, has been leased. The tenant, Forever Young Daycare, will be occupying the space, covering an area of 10,000 square feet. The landlord, Simcha Applegrad, leased the property to Forever Young Daycare with the assistance of brokers Dov Bleich and Avi Akiva from Tri State Commercial Realty. The asking rent for the lease was $30 per square foot.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not applicable
• Address: 1100 Franklin Ave.
• Market: Morrisania, Bronx

This lease transaction was facilitated by brokers Dov Bleich and Avi Akiva from Tri State Commercial Realty, representing the landlord, Simcha Applegrad, in the deal with Forever Young Daycare. The lease agreement was negotiated at an asking rent of $30 per square foot for the 10,000 square feet of retail space at 1100 Franklin Ave.