Nagi Leases Retail Space In Kingsbridge, Bronx For $75/ft
LEASED
$75
New York
See Similar DealsRetail1,500 SF
Leased 03/20/2023
LEASED
Nagi Leases Retail Space In Kingsbridge, Bronx For $75/ft
205 W 230th St, Bronx, NY 10463, USA
See Similar DealsRetail1,500 SF
Leased 03/20/2023
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$75
Total Square Footage:1,500 SF
Transaction Type:Lease
Located in Kingsbridge, the retail property at 205 West 230th Street has recently been leased. The tenant, Nagi, has secured a 10-year lease agreement with the landlord, Agus Holdings. The lease term is for 10 years, and the property offers 1,000 square feet of space. The asking rent for this retail space was set at $75 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 205 West 230th Street
- Market: Kingsbridge
Representing the parties involved in this transaction is Adam Agus from Booth Street. He played a crucial role in facilitating the lease agreement between Nagi and Agus Holdings. The deal was finalized on March 20, 2023.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$128,968.64
Total Lease Value
$1,289,686.42
Net Landlord Cash Flow$128,968.64
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