Phil Popowitz Leases Retail Space To Norwood Medical At 320 East 240th Street Bronx
LEASED
$70
New York
See Similar DealsRetail2,500 SF
Leased 01/01/2025
LEASED
Phil Popowitz Leases Retail Space To Norwood Medical At 320 East 240th Street Bronx
320 East 240th Street
See Similar DealsRetail2,500 SF
Leased 01/01/2025
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$70
Total Square Footage:2,500 SF
Transaction Type:Lease
The asset in this transaction is a retail property located at 320 East 240th Street in the Bronx. The space encompasses approximately 2,500 square feet and operates under a NNN lease structure. The rent is set at $70 per square foot.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $175,000
- Address: 320 East 240th Street
- Market: Bronx
- Landlord: Phil Popowitz
- Tenant: Norwood Medical
- Broker: Zach Setton - Tri State Commercial Realty
The deal involves Phil Popowitz as the landlord, who is leasing the property to Norwood Medical. Zach Setton from Tri State Commercial Realty represents the landlord in this transaction, facilitating the agreement between the parties involved.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$200,617.89
Total Lease Value
$2,006,178.88
Net Landlord Cash Flow$200,617.89
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