Porta Bella Leases Bronx Retail Space At 190 West 231st Street
190 West 231st Street
$50
$50/SF
Building Size
5,000 SF
Asset Type
Retail
Closing
Mar 26, 2023
About this deal
AI
The retail property located at 190 West 231st Street in Bronx has been leased. The property, measuring approximately 5,000 square feet, was leased by Porta Bella. The landlord of the property is Achs Management Corp. The leasing transaction was facilitated by Allie Beyda from Metropolitan Skyline Realty.
Summary of transaction details
- Property Type: Retail
- Asking Rent: $50 per square foot
- Size: 5,000 square feet
- Date: 03/26/2023
- Market: Bronx
Allie Beyda from Metropolitan Skyline Realty represented Porta Bella as their broker in the leasing deal.
Players
Market 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
317260.00%
Cash-on-Cash
-90673.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93