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
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