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213 West 230th Street, Bron...

Updated Oct 28, 2024

Pizza Hut Leases Retail Space In Bronx's 213 West 230th Street With Bruce Herman - Booth Capital Advisors
LEASEDRetail

Pizza Hut Leases Retail Space In Bronx's 213 West 230th Street With Bruce Herman - Booth Capital Advisors

213 West 230th Street, Bronx, NY 10463

Building Size

1,200 SF

Asset Type

Retail

Closing

Dec 23, 2021

About this deal

AI

Agus Holdings has leased a retail space located at 213 West 230th Street in Bronx. The asset spans 1,200 square feet and was secured by Pizza Hut as the tenant. The lease deal was facilitated by Bruce Herman of Booth Capital Advisors.

Summary of transaction details

  • Property Type: Retail
  • Transaction Date: 12/23/2021
  • Address: 213 West 230th Street
  • Market: Bronx
  • Asking Rent: $75/ft.
  • Square Footage: 1,200

Bruce Herman of Booth Capital Advisors represented the landlord, Agus Holdings, in this lease deal.

Players

Bruce Herman

Booth Street

Broker

$41.1M

vol

22 deals

Broker
Agus Holdings
Agus HoldingsLandlord
Pizza Hut
Pizza HutTenant

New York 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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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