Chai Urgent Care Leases Retail Space In The Hub, Bronx From Landlord Alan Jemal
380 East 149th Street, The Bronx, New York 10455, United States
Building Size
3,000 SF
Asset Type
Retail
Closing
Feb 28, 2022
About this deal
AI
Chai Urgent Care has signed a lease for a retail space located at 380 East 149th Street in The Hub area of Bronx. The property, spanning 3,000 square feet, will serve as a new location for the urgent care facility. The lease transaction was facilitated by brokers Solomon Sharaby, Albert Manopla, and Jack Khaski from KSR. The asking rent for the space was $150 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not provided
- Date: 03/01/2022
- Address: 380 East 149th Street
- Market: The Hub, Bronx
- Landlord: Alan Jemal
- Tenant: Chai Urgent Care - Yoni Hadar
- Brokers: Solomon Sharaby, Albert Manopla, and Jack Khaski - KSR
The lease agreement was finalized between Chai Urgent Care and the landlord, Alan Jemal. This deal was facilitated by Solomon Sharaby, Albert Manopla, and Jack Khaski from KSR, who represented the tenant. The retail space, leased for an undisclosed amount, offers approximately 3,000 square feet of area. Chai Urgent Care will utilize this location to provide urgent medical services in The Hub area of Bronx.
On the Map
Retail
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Boundary boundary · Retail · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93