Regal Cinemas Leases Retail Space At 200-238 East 161st Street Bronx From Feil Organization
200 East 161st Street & 238 East 161st Street
Building Size
58,000 SF
Asset Type
Retail
Closing
Mar 6, 2025
About this deal
AI
The property involved in this lease transaction is located at 200-238 East 161st Street in the Bronx. This retail asset spans approximately 58,000 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Lease Date: 03/06/2025
- Landlord: Jeffrey Feil & Brian Feil - Feil Organization
- Tenant: Eduardo Acuna - Regal Cinemas
- Broker: Randall Briskin - The Feil Organization
Regal Cinemas is set to open its first location in the Bronx at Concourse Plaza, taking over from the former Concourse Plaza Multiplex Cinemas. The new 10-screen Regal Concourse will feature $3 preview events on March 19-20 before officially opening on March 21, showcasing “Snow White” and “The Alto Knights.”
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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