Comfort Creations Signs Ground Lease For Retail Space At 363 East Fordham Road In Fordham, Bronx
LEASED
$60
+ 1
New York
See Similar DealsRetail4,000 SF
Leased 10/01/2023
LEASED
Comfort Creations Signs Ground Lease For Retail Space At 363 East Fordham Road In Fordham, Bronx
363 East Fordham Road
See Similar DealsRetail4,000 SF
Leased 10/01/2023
+ 1
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$60
Total Square Footage:4,000 SF
Transaction Type:Lease
The retail property located at 363 East Fordham Road in Fordham, Bronx has been leased. The property, with a square footage of 4,000 square feet, was involved in a ground lease transaction. The landlords of the property are Alan Jemal, Steve Jemal, and Ruth Jemal, while the tenant is Comfort Creations. The lease deal was facilitated by Solomon Sharaby and Nathan Aballi of KSR, representing the tenant.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not Available
- Asking Rent: $60 per square foot
- Square Footage: 4,000
- Date: 10/01/2023
- Market: Fordham, Bronx
Comfort Creations secured the lease agreement for the retail property at 363 East Fordham Road. The deal was finalized under the guidance of Solomon Sharaby and Nathan Aballi from KSR. No additional details regarding the lease transaction were provided.
Players
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$275,133.10
Total Lease Value
$2,751,331.03
Net Landlord Cash Flow$275,133.10
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