Jem Realty Leases Retail Space To Fordham Nursing School In Fordham
LEASED
$45
New York
See Similar DealsRetail3,500 SF
Leased 07/01/2023
LEASED
Jem Realty Leases Retail Space To Fordham Nursing School In Fordham
2488 Grand Concourse Bronx, NY 10458, USA
See Similar DealsRetail3,500 SF
Leased 07/01/2023
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$45
Total Square Footage:3,500 SF
Transaction Type:Lease
The retail property located at 2488 Grand Concourse in the Fordham market has been leased. The property spans a total of 3,500 square feet and is owned by Jem Realty. The tenant, Fordham Nursing School, has signed the lease agreement. The deal was facilitated by brokers Solomon Sharaby and Nathan Aballi, who work for Kassin Sabbagh Realty. The agreed upon rent for the space is $45 per square foot.
Summary of transation details
- Property Type: Retail
- Asking Rent: $45/ft
- Square Footage: 3,500
- Address: 2488 Grand Concourse
- Market: Fordham
The lease agreement for the retail property at 2488 Grand Concourse was brokered by Solomon Sharaby and Nathan Aballi from Kassin Sabbagh Realty on behalf of Jem Realty, the property's landlord. Fordham Nursing School will be the new tenant occupying the space.
Players
LANDLORD
Details
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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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