Babaev Family Leases 3,500 SF Retail Space To Global Home In Bronx For $45/ft
LEASED
$45
New York
See Similar DealsRetail3,500 SF
Leased 12/01/2024
LEASED
Babaev Family Leases 3,500 SF Retail Space To Global Home In Bronx For $45/ft
2415 Arthur Avenue
See Similar DealsRetail3,500 SF
Leased 12/01/2024
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$45
Total Square Footage:3,500 SF
Transaction Type:Lease
This is a retail lease transaction involving a property located at 2415 Arthur Avenue in the Bronx. The asking rent for the property is $45 per square foot for an area of 3,500 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $157,500
- Landlord: Babaev Family
- Tenant: Global Home
- Brokers: Yisrael Bassalian & Tanner Zar - Titan Group New York
- Lease Type: Retail Lease
Titan Group New York represented both the landlord and the tenant in this transaction. The firm specializes in commercial and residential leasing and offers guidance for property owners looking to lease vacant units.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$180,556.10
Total Lease Value
$1,805,560.99
Net Landlord Cash Flow$180,556.10
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