2241 White Plains Rd. Retail Space Leased In Allerton By 2243 L Mart Inc
2241 White Plains Road, The Bronx, New York 10467, United States
Building Size
2,171 SF
Asset Type
Retail
Closing
Jan 25, 2022
AI
An Allerton retail property located at 2241 White Plains Rd. has been leased. The transaction took place on 01/26/2022, with a total square footage of 2,171 square feet. The asking rent for the space was $45 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 2241 White Plains Rd.
- Market: Allerton
The landlord for this property is Peter Volandes, while the tenant is 2243 L Mart Inc. The tenant was represented by Skyler Gironda from Friedman-Roth, and the landlord was represented by Richard Guarino, also from Friedman-Roth.
Players
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