Olgam Life Leases 10,500 SF Retail Space At 2028 White Plains Road In New York City
2028 White Plains Rd Bronx, NY 10462, USA
$35
$35/SF
Building Size
1,500 SF
Asset Type
Retail
Closing
Feb 1, 2023
About this deal
AI
Located at 2028 White Plains Road in New York City, this retail property has recently been leased. The property comprises a ground floor space with a total size of 10,500 square feet. The lease agreement is for a term of 20 years.
Summary of transaction details
- Property Type: Retail
- Asking Rent: $35 per square foot
- Lease Term: 20 years
- Market: New York City
Didi Levington, the landlord, has successfully leased the space to Olgam Life, the tenant. The deal was facilitated by Josh Augenbaum of Augenbaum Realty. For more information, interested parties can contact Josh Augenbaum at [email protected].
On the Map
$35
$35/SF
Retail
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Players
New York 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
453228.57%
Cash-on-Cash
-129534.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93