Michael Simcha Leases Retail Space At 2500 Barker Avenue To Paradise Family Childcare In Bronx

The property involved in this transaction is a retail asset located at 2500 Barker Avenue in the Bronx. The lease agreement has an asking rent of $40 per square foot for a total space of 2,518 square feet. This transaction is classified as a modified gross lease.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $40/ft
• Address: 2500 Barker Avenue
• Market: Bronx
• Lease Type: Modified Gross Lease
• Landlord: Michael Simcha
• Tenant: Paradise Family Childcare
• Landlord's Representative: James Famularo, Bobby Ortense & Myles Vandell - Meridian Capital Group
• Tenant's Representative: Remy Zohni - Tristate Commercial

This transaction features key individuals and companies actively involved in the deal. The landlord, Michael Simcha, is represented by a team from Meridian Capital Group including James Famularo, Bobby Ortense, and Myles Vandell, while Remy Zohni from Tristate Commercial represents the tenant, Paradise Family Childcare.