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FootLocker Leases Retail Space In Bronx From A&H Acquisitions Corp

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LEASED

New York

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Retail8,000 SF
Leased 03/12/2021
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LEASED

FootLocker Leases Retail Space In Bronx From A&H Acquisitions Corp

30 East 170th Street, Bronx, NY, USA

See Similar Deals
Retail8,000 SF
Leased 03/12/2021
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Summary

NEW YORK
Asset Type:Retail
Total Square Footage:8,000 SF
Transaction Type:Lease

An 8,000 square foot retail property located at 30 East 170th Street in the Bronx has been leased. The property was leased by FootLocker, a well-known footwear retailer. The landlord of the property is A&H Acquisitions Corp., represented by Alex Adjmi. The leasing deal was facilitated by Evan Schuckman of RIPCO Real Estate.

Summary of transaction details

  • Property Type: Retail
  • Transaction Date: 03/12/2021
  • Address: 30 East 170th Street, Bronx
  • Market: Bronx
  • Tenant: FootLocker
  • Landlord: A&H Acquisitions Corp. - Alex Adjmi
  • Broker: Evan Schuckman - RIPCO Real Estate
  • Asking Rent: $150/ft.
  • Square Footage: 8,000

Evan Schuckman, who also represented the seller Ponce Bank, brokered the sale of this property to Alex Adjmi for $4,743,000 on 7/27/2020. For further inquiries regarding additional opportunities for FootLocker, you can contact Evan Schuckman at [email protected].

Players

Evan Schuckman
8 deals$8.1M volume
BROKER

Alex Adjmi
Ponce Bank
19 deals$100.6M volume
LANDLORD

Details

LEASED
IMAGE: Evan Schuckman & Alex Adjmi DATE: 03/12/2021 ADDRESS: 30 East 170th Street MARKET: Bronx ASSET TYPE: Retail TENANT: @FootLocker ๐Ÿ‘Ÿ LANDLORD: A&H Acquisitions Corp. - Alex Adjmi BROKER: Evan Schuckman โ€“ @RIPCORealEstate ASKING RENT: $150/ft. ~ SF: 8,000 NOTE FROM @RIPCORealEstate: Evan Schuckman of RIPCO Real Estate also brokered the 7/27/2020 sale of this property on behalf of the seller, Ponce Bank, to Alex Adjmi for $4,743,000. Contact Evan to discuss additional opportunities for @FootLocker: ๐Ÿ‘คEvan Schuckman ๐Ÿ“ง [email protected]

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Deal Type
Effective Rent (Annual)

$458,555.17

Total Lease Value

$4,585,551.72

Net Landlord Cash Flow$458,555.17