Cold Stone Leases Retail Space At 361 East Fordham Road With Jem Realty As Landlord
361 East Fordham Road
$150
$150/SF
Building Size
1,650 SF
Asset Type
Retail
Closing
Mar 1, 2025
About this deal
AI
The property involved in this transaction is a retail asset located at 361 East Fordham Road in the Fordham market. The leased space covers 1,650 square feet and the rent is set at $150 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 361 East Fordham Road
- Market: Fordham
- Tenant: Cold Stone
- Landlord: Jem Realty
- Rent/SF: $150
- Square Feet: 1,650
The transaction involves Cold Stone as the tenant and Jem Realty as the landlord. No additional details regarding the representatives or other individuals involved in the transaction are provided.
Players
Bronx Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
105753.33%
Cash-on-Cash
-30224.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93