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
About this deal
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
- Property Type: Retail
- Asking Rent: $150/ft
- Tenant: Insomnia Cookies
- Landlord: Jem Realty
- Landlord's Representative: Solomon Sharaby & Nathan Aballi - Kassin Sabbagh Realty
- Tenant's Representative: Daniel Bodner
- Date: 07/01/2023
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
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