Senior Center Signs 15-Year Lease At 31 West Tremont Avenue In Bronx

The retail property located at 31 West Tremont Avenue in Bronx has recently been leased. Spanning over 7,700 square feet, the property is owned by Atlantic Development Group, led by Peter Fine. The lease agreement is with the tenant, a Senior Center, for a term of 15 years. The deal was facilitated by Samuel Hartstein of RIPCO, acting as the broker representing the landlord.

Summary of Transaction Details

• Property Type: Retail
• Address: 31 West Tremont Avenue, Bronx
• Market: Bronx
• Landlord: Atlantic Development Group - Peter Fine
• Tenant: Senior Center
• Broker: Samuel Hartstein - RIPCO
• Asking Rent: $40/ft
• Lease Term: 15 years

The lease agreement for the retail property at 31 West Tremont Avenue in Bronx was successfully negotiated by Samuel Hartstein from RIPCO, who represented the landlord, Atlantic Development Group. This lease transaction provides the Senior Center with a long-term space for their operations.