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377 E Fordham Rd, Bronx, NY...

Insomnia Cookies Leases Retail Space At 377 East Fordham Road, Fordham
LEASEDRetail

Insomnia Cookies Leases Retail Space At 377 East Fordham Road, Fordham

377 E Fordham Rd, Bronx, NY 10458, United States

$150

$150/SF

Building Size

1,100 SF

Asset Type

Retail

Closing

Jul 1, 2023

AI

The commercial property located at 377 East Fordham Road in the Fordham market has recently been leased. The property is a retail space with a size of approximately 1,100 square feet.

Summary of transaction details

The lease transaction was facilitated by Solomon Sharaby and Nathan Aballi from Kassin Sabbagh Realty, representing the landlord, Jem Realty. On the other hand, Insomnia Cookies was represented by Daniel Bodner.

Players

Solomon Sharaby

Kassin Sabbagh Realty

Broker

$6.3M

vol

104 deals

Broker
JR
Jem RealtyLandlord
IC
Insomnia CookiesTenant

New York 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