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Benzion Ferziger Leases Retail Space To Vivant Clothing At 2612-2614 East Tremont Avenue

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LEASED
$32

New York

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Retail1,125 SF
Leased 10/15/2024
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LEASED

Benzion Ferziger Leases Retail Space To Vivant Clothing At 2612-2614 East Tremont Avenue

2612-2614 East Tremont Avenue

See Similar Deals
Retail1,125 SF
Leased 10/15/2024
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$32
Total Square Footage:1,125 SF
Transaction Type:Lease

The property asset involved in the transaction is located at 2612-2614 East Tremont Avenue in the Bronx market. It is a retail space with a square footage of 1,125 and is leased under a Modified Gross Lease at an asking rent of $32 per square foot.

Summary of transaction details:

Key individuals involved in the deal include landlord Benzion Ferziger, represented by Rick Stassa from Emerald Commercial Properties, and tenant Vivant Clothing, represented by Cole Kleppinger from Meridian Capital Group. Their representation highlights the respective interests of the landlord and tenant in this retail lease transaction.

Players

Cole Kleppinger
42 deals(212) 468-5993
BROKER

Details

LEASED
IMAGE: Rick Stassa & Cole Kleppinger DATE: 10/15/2024 ADDRESS: 2612-2614 East Tremont Avenue MARKET: Bronx ASSET TYPE: Retail LANDLORD: Benzion Ferziger TENANT: Vivant Clothing (@VivantClothing) LANDLORD'S REP: Rick Stassa - Emerald Commercial Properties TENANT'S REP: Cole Kleppinger (@Kleppinger.Leasing) - Meridian Capital Group (@Meridian_Retail_Leasing) ASKING RENT: $32/ft ~ SF: 1,125 LEASE TYPE: Modified Gross Lease

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Deal Type
Effective Rent (Annual)

$41,269.97

Total Lease Value

$412,699.66

Net Landlord Cash Flow$41,269.97