LevelUp MD Leases Retail Space At 320 East 204th St. In Norwood, Bronx
320 E 204th St, Norwood, Bronx, NY, USA
Building Size
3,800 SF
Asset Type
Retail
Closing
Mar 31, 2021
AI
Located in Norwood, Bronx, the retail property at 320 East 204th St. has recently been leased. The tenant, LevelUp MD Urgent Care, will occupy a space measuring 3,800 square feet. The lease was facilitated by brokers Dov Bleich and Avi Akiva from TriState Commercial, representing LevelUp MD.
Summary of transaction details:
- Property Type: Retail
- Date: April 1, 2021
- Address: 320 East 204th St.
- Market: Norwood, Bronx
- Tenant: LevelUp MD Urgent Care
- Landlord: Bentzion Reifer
- Brokers: Dov Bleich and Avi Akiva from TriState Commercial
- Asking Rent: $70 per square foot
- Square Footage: 3,800
LevelUp MD is dedicated to providing a convenient and elevated urgent care experience. The urgent care facility aims to improve overall well-being and offers a relaxing and luxurious environment. For any inquiries or suitable spaces for an urgent care center with medical-friendly lease terms, please contact Dov Bleich at [email protected].
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93