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2028 White Plains Road

Event Space Media Leases Retail Space At 2028 White Plains Road In Bronx
LEASEDRetail

Event Space Media Leases Retail Space At 2028 White Plains Road In Bronx

2028 White Plains Road

$35

$35/SF

Building Size

2,000 SF

Asset Type

Retail

Closing

Oct 13, 2023

AI

An event space media company has signed a lease for a retail property located at 2028 White Plains Road in the Bronx. The property spans 2,000 square feet and is being marketed as an ideal opportunity for retail, medical, or quick-service restaurant tenants. The asking rent for the space is $35 per square foot. The property is conveniently situated close to public transportation, making it easily accessible for customers.

Summary of transaction details

  • Property Type: Retail
  • Address: 2028 White Plains Road, Bronx
  • Market: Bronx
  • Asking Rent: $35 per square foot
  • Square Footage: 2,000

The landlord, Didi Levington, has successfully leased the property to Event Space Media. The deal was facilitated by the landlord's representatives, Josh Augenbaum and Murray Mizrachi from Augenbaum Realty, and the tenant was represented by William Akleh from Sido New York Real Estate. This lease represents the last available space at 2028 White Plains Road, with Olgam Life occupying the entire second floor. Interested parties can reach out to [email protected] or [email protected] for further inquiries.

Players

Josh Augenbaum

Augenbaum Realty

Broker

$655M

vol

144 deals

Broker

Didi Levington

Landlord

3 deals

Landlord

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

453228.57%

Cash-on-Cash

-129534.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93