Alan Jemal Leases Retail Space To Burnside Optical At 38 West Burnside Avenue In Bronx
LEASED
$70
New York
See Similar DealsRetail2,000 SF
Leased 08/25/2025
LEASED
Alan Jemal Leases Retail Space To Burnside Optical At 38 West Burnside Avenue In Bronx
38 West Burnside Avenue
See Similar DealsRetail2,000 SF
Leased 08/25/2025
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$70
Total Square Footage:2,000 SF
Transaction Type:Lease
The property asset involved in this transaction is a retail space located at 38 West Burnside Avenue in the Bronx. The lease type is a retail lease with an asking rent of $70 per square foot for a total of 2,000 square feet.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $140,000
- Address: 38 West Burnside Avenue
- Market: Bronx
- Landlord: Alan Jemal
- Tenant: Burnside Optical
- Landlord's Representative: Solomon Sharaby - KSR
- Tenant's Representative: Meyer Saff - Retail Zone
The deal showcases the efforts of Solomon Sharaby representing the landlord, while Meyer Saff represents the tenant in securing the lease for Burnside Optical. This transaction reflects the collaboration between the involved broker representatives in facilitating the deal.
Players
BROKERAGE
BROKERAGE
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$160,494.31
Total Lease Value
$1,604,943.10
Net Landlord Cash Flow$160,494.31
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