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2069 Bruckner Boulevard

Eli Weiss Leases Retail Space To The Village School At 2069 Bruckner Boulevard In Parkchester
LEASEDRetail

Eli Weiss Leases Retail Space To The Village School At 2069 Bruckner Boulevard In Parkchester

2069 Bruckner Boulevard

$45

$45/SF

Building Size

12,000 SF

Asset Type

Retail

Closing

May 29, 2025

AI

The property asset involved in this transaction is a retail lease located at 2069 Bruckner Boulevard in the Parkchester market. The asking rent for the property is $45 per square foot, covering a total size of 12,000 square feet. The lease type is categorized as a retail lease.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $45/ft
  • Address: 2069 Bruckner Boulevard
  • Market: Parkchester
  • Size: 12,000 SF
  • Landlord: Eli Weiss
  • Tenant: The Village School
  • Brokers: Eli Yadid, Rafael Benor & Brent Legunn - KSR
  • Lease Type: Retail Lease

This transaction highlights the involvement of key individuals and firms, including landlord Eli Weiss and tenant The Village School. The deal was facilitated by brokers Eli Yadid, Rafael Benor, and Brent Legunn from KSR, marking their team's significant milestone as they reach 75 new development leases in the past 4 years.

Players

Brent Legunn

Kassin Sabbagh Realty

Broker

11 deals

Broker
Kassin Sabbagh Realty
Kassin Sabbagh RealtyBrokerage

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

352511.11%

Cash-on-Cash

-100748.76%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93