Laundry Mart Signs 25-Year Lease For Retail Space In Throggs Neck, Bronx | 2883 Miles Avenue | Michael "Mike" Gilbert, Epifanio Vargas | Retail | Lease

Summary

Lease

NEW YORK

Retail

6,050 sqft

The retail property located at 2883 Miles Avenue in Throggs Neck, Bronx has been leased. The asset spans approximately 6,050 square feet and the lease term is for 25 years. The tenant for this property is Laundry Mart.

Summary of transaction details

Property Type: Retail
Address: 2883 Miles Avenue, Throggs Neck, Bronx
Tenant: Laundry Mart
Lease Term: 25 years

The lease deal was facilitated by brokers Epifanio Vargas and Michael Gilbert of Gilco Realty. They represented the tenant, Laundry Mart, in this transaction.

The asking rent for this property was $22 per square foot, resulting in a total lease value of approximately $133,100 per year.

Players

All
2

Agents
2

Michael "Mike" Gilbert

$33.5M Sold

Epifanio Vargas

Licensed Real Estate Salesperson

$1.6M Sold

Details

Deal Summary

LEASED

IMAGE: Epifanio Vargas & Michael Gilbert DATE: 06/02/2023 ADDRESS: 2883 Miles Avenue MARKET: Throggs Neck, Bronx ASSET TYPE: Retail TENANT: Laundry Mart BROKERS: Epifanio Vargas (@EpiTheRealtor) & Michael Gilbert (@Michael_Gilco) - Gilco Realty ASKING RENT: $22/ft ~ SF: 6,050 LEASE TERM: 25-Year Lease

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Address2883 Miles Avenue

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