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2241 White Plains Road, The...

Updated Oct 28, 2024

2241 White Plains Rd. Retail Space Leased In Allerton By 2243 L Mart Inc
LEASEDRetail

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

About this deal

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.

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Players

Richard Guarino
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Richard Guarino

Friedman-Roth Realty

Broker

$313.1M

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53 deals

Broker
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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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