GuacTime Leases Retail Space From Joseph Althkefati On East Fordham Road Bronx For 10 Years
LEASED
$140
New York
See Similar DealsRetail2,500 SF
Leased 04/08/2025
LEASED
GuacTime Leases Retail Space From Joseph Althkefati On East Fordham Road Bronx For 10 Years
207 East Fordham Road
See Similar DealsRetail2,500 SF
Leased 04/08/2025
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$140
Total Square Footage:2,500 SF
Transaction Type:Lease
This retail asset is located at 207 East Fordham Road in the Bronx. The lease was signed at an asking rent of $140 per square foot for a total of 2,275 square feet. The lease term is set for 10 years under a Modified Gross Lease agreement.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $140/ft
- Address: 207 East Fordham Road
- Market: Bronx
- Landlord: Joseph Althkefati
- Tenant: GuacTime
- Broker: Josh Augenbaum - Augenbaum Realty
- Attorney: Clifford Schwartz - Schwartz & Blumenstein
- Lease Term: 10 Years
- Lease Type: Modified Gross Lease
The transaction features representation by Josh Augenbaum of Augenbaum Realty, indicating active engagement in the real estate market across the five boroughs. Additionally, Clifford Schwartz from Schwartz & Blumenstein serves as the attorney for this lease agreement.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$401,235.78
Total Lease Value
$4,012,357.76
Net Landlord Cash Flow$401,235.78
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