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2375 Arthur Avenue

Freshly Baked Signs Retail Lease At 2375 Arthur Avenue, Bronx
LEASEDRetail

Freshly Baked Signs Retail Lease At 2375 Arthur Avenue, Bronx

2375 Arthur Avenue

$60

$60/SF

Building Size

2,730 SF

Asset Type

Retail

Closing

Nov 17, 2023

AI

A retail lease transaction has taken place at 2375 Arthur Avenue in the Bronx. The property, spanning 2,730 square feet, was leased by Freshly Baked. The lease was facilitated by Cooper Katz of ABS Partners Real Estate representing the landlord, Ross & Ross. Solomon Tbeile and Nathan Aballi of KSR represented Freshly Baked in the deal. The retail space was leased at an asking rent of $60 per square foot.

Summary of transaction details

Cooper Katz from ABS Partners Real Estate served as the landlord's representative in the lease transaction. Solomon Tbeile and Nathan Aballi, who are affiliated with KSR, acted as the tenant's representatives. This lease agreement adds Freshly Baked to the retail landscape of 2375 Arthur Avenue in the Bronx.

Players

Cooper Katz

ABS Partners Real Estate

Broker

$4.3M

vol

13 deals

Broker

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

264383.33%

Cash-on-Cash

-75561.57%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93