Harold Sherr Leases Retail Space To Wingstop At 151 East 170th Street For $130/ft
151 East 170th Street
$130
$130/SF
Building Size
1,561 SF
Asset Type
Retail
Closing
Mar 31, 2026
AI
This retail lease transaction involves a property located at 151 East 170th Street in the Mt. Eden market. The lease type is a Single Net Lease with an asking rent of $130 per square foot for a total area of 1,561 square feet.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $130/ft
- Landlord: Harold Sherr
- Tenant: Wingstop
- Landlord's Representative: Jack Khaski, Albert Manopla & Hunter Lazan - KSR
- Tenant's Representative: Karnit Mosberg & Scott Meshil
The transaction highlights the involvement of key representatives from both the landlord and tenant sides, indicating a collaborative effort in executing the lease. Jack Khaski, Albert Manopla, and Hunter Lazan represent the landlord, while Karnit Mosberg and Scott Meshil represent the tenant, Wingstop, in this agreement.
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
122023.08%
Cash-on-Cash
-34874.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93