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Grand Concourse Dialysis Leases Retail Space At 1490 Macombs Road Bronx For $55/ft

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LEASED
$55

New York

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Retail8,340 SF
Leased 09/25/2024
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Property Image
LEASED

Grand Concourse Dialysis Leases Retail Space At 1490 Macombs Road Bronx For $55/ft

1490 Macombs Road

See Similar Deals
Retail8,340 SF
Leased 09/25/2024
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$55
Total Square Footage:8,340 SF
Transaction Type:Lease

This retail asset is located at 1490 Macombs Road in the Bronx. It has a total square footage of 8,340 and was leased at an asking rent of $55 per square foot. The property was previously a fully built Davita space and offers a state-of-the-art setup. It is positioned in a densely populated area close to I-95 and The George Washington Bridge.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $55/ft
  • Square Footage: 8,340
  • Address: 1490 Macombs Road
  • Market: Bronx
  • Landlord: Aranit Ahmetaj
  • Tenant: Grand Concourse Dialysis
  • Landlord's Representative: Hassan Biberaj - Morgan Barrington Financial Services
  • Tenant's Representative: Allie Beyda - BH Realty
  • Lease Type: Retail Lease

The transaction involved Aranit Ahmetaj as the landlord and Grand Concourse Dialysis as the tenant. Hassan Biberaj represented the landlord through Morgan Barrington Financial Services, while Allie Beyda represented the tenant via BH Realty. The property is noted for its ideal location and readiness for the tenant's use.

Players

Allie Beyda
16 deals$4.8M volume
BROKER

Details

LEASED
IMAGE: Allie Beyda DATE: 09/25/2024 ADDRESS: 1490 Macombs Road MARKET: Bronx ASSET TYPE: Retail LANDLORD: Aranit Ahmetaj TENANT: Grand Concourse Dialysis LANDLORD'S REP: Hassan Biberaj - Morgan Barrington Financial Services TENANT'S REP: Allie Beyda - BH Realty (@BHRealtyNYC) ASKING RENT: $55/ft ~ SF: 8,340 LEASE TYPE: Retail Lease NOTE FROM BROKER: This was a former fully built Davita, a beautiful, state of the art space with all in place. Situated in a dense populated area with close proximity to the I-95 and The George Washington Bridge. Please reach out to Allie with other retail leasing availabilities.

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Deal Type
Effective Rent (Annual)

$525,848.14

Total Lease Value

$5,258,481.44

Net Landlord Cash Flow$525,848.14