Joseph Althkefati Leases Retail Space To Teriyaki R Us At 207 East Fordham Road

The property asset involved in this lease transaction is located at 207 East Fordham Road in the Bronx. It features a retail space with a total square footage of 2,000 and an asking rent of $135 per square foot. The lease term is set for 10 years under a modified gross lease agreement.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $135/ft
• Address: 207 East Fordham Road
• Market: Bronx
• Landlord: Joseph Althkefati
• Tenant: Teriyaki R Us
• Landlord's Representative: Josh Augenbaum - Augenbaum Realty
• Tenant's Representative: Meyer Saff - Retail Zone
• Attorney: Clifford Schwartz - Schwartz & Blumenstein
• Lease Term: 10 Years
• Lease Type: Modified Gross Lease

This transaction involved the brokerage services of Josh Augenbaum representing the landlord, Joseph Althkefati, and Meyer Saff representing the tenant, Teriyaki R Us. The attorney for this deal was Clifford Schwartz from Schwartz & Blumenstein. Notably, Augenbaum Realty has achieved the complete leasing of another property, showcasing their active engagement across the five boroughs.