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2028 White Plains Rd Bronx,...

WP Convenience Leases Retail Space At 2028 White Plains Road In The Bronx With Brokers Augenbaum Realty
LEASEDRetail

WP Convenience Leases Retail Space At 2028 White Plains Road In The Bronx With Brokers Augenbaum Realty

2028 White Plains Rd Bronx, NY 10462, USA

$45

$45/SF

Building Size

1,500 SF

Asset Type

Retail

Closing

May 25, 2023

AI

The retail property located at 2028 White Plains Road in The Bronx has recently been leased. The property spans an area of 1,500 square feet and the lease was signed by WP Convenience. The landlord for this property is Didi Levington. The lease transaction was facilitated by brokers Josh Augenbaum and Murray Mizrachi from Augenbaum Realty.

Summary of transaction details

  • Property Type: Retail
  • Address: 2028 White Plains Road, The Bronx
  • Tenant: WP Convenience
  • Landlord: Didi Levington
  • Brokers: Josh Augenbaum & Murray Mizrachi - Augenbaum Realty

It is worth noting that there are two more ground floor spaces available for lease in the same building, ranging in size from 1,600 to 2,000 square feet. The spaces are part of a brand new construction and will be delivered Vanilla White boxed, with HVAC already installed.

For any inquiries about this lease or the other available spaces, you can reach out to Josh Augenbaum at [email protected] or Murray Mizrachi at [email protected].

Players

Josh Augenbaum

Augenbaum Realty

Broker

$655M

vol

144 deals

Broker

Didi Levington

Landlord

3 deals

Landlord

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

352511.11%

Cash-on-Cash

-100748.76%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93