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2169 White Plains Road

Verizon Leases Retail Space At 2169 White Plains Road In Bronx For $100 Per Foot
LEASEDRetail

Verizon Leases Retail Space At 2169 White Plains Road In Bronx For $100 Per Foot

2169 White Plains Road

$100

$100/SF

Building Size

1,200 SF

Asset Type

Retail

Closing

Jul 13, 2025

AI

The property asset involved in this transaction is a retail space located at 2169 White Plains Road in the Bronx market. The asking rent is set at $100 per square foot for a total of 1,200 square feet.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $120,000
  • Landlord: David Strauss
  • Tenant: Verizon
  • Tenant's Representative: Solomon Sharaby & Selim Sabbagh - KSR
  • Landlord's Representatives: Ian Learner & Ed Nelson - Cushman & Wakefield
  • Lease Type: Retail Lease
  • Date of Transaction: 7/14/2025

The key individuals involved in this transaction include David Strauss as the landlord, with Ian Learner and Ed Nelson representing him. The tenant, Verizon, is represented by Solomon Sharaby and Selim Sabbagh, both associated with KSR, highlighting the collaboration among these brokers in facilitating the lease agreement.

Players

Solomon Sharaby

Kassin Sabbagh Realty

Broker

$3M

vol

100 deals

Broker
Kassin Sabbagh Realty
Kassin Sabbagh RealtyBrokerage

David Strauss

Landlord

2 deals

Landlord

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

158630.00%

Cash-on-Cash

-45336.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93