Target Park Leases Retail Space In Kingsbridge, Bronx With Greg Parassio Of Booth Street
LEASED
$10
New York
See Similar DealsRetail20,000 SF
Leased 08/15/2023
LEASED
Target Park Leases Retail Space In Kingsbridge, Bronx With Greg Parassio Of Booth Street
205 West 230th Street
See Similar DealsRetail20,000 SF
Leased 08/15/2023
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$10
Total Square Footage:20,000 SF
Transaction Type:Lease
Located at 205 West 230th Street in Kingsbridge, Bronx, this retail property is involved in a lease transaction. The property spans 20,000 square feet and features an address with potential for high foot traffic. The lease is a Modified Gross Lease, indicating that the tenant and landlord will share certain expenses. The property is represented by broker Greg Parassio from Booth Street.
Summary of transaction details
- Property Type: Retail
- Asking Rent: $10/ft
- Square Footage: 20,000
- Lease Type: Modified Gross Lease
In this lease transaction, the landlord is Agus Holdings and the tenant is Target Park. The deal was facilitated by broker Greg Parassio from Booth Street. The involvement of these individuals and companies showcases their role in the negotiation and execution of the lease agreement.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$229,277.59
Total Lease Value
$2,292,775.86
Net Landlord Cash Flow$229,277.59
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