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3821 E Tremont Ave Bronx, N...

Updated Oct 29, 2024

C&C Celebrity Nail Artist Leases Retail Space In Throgs Neck, Bronx
LEASEDRetail

C&C Celebrity Nail Artist Leases Retail Space In Throgs Neck, Bronx

3821 E Tremont Ave Bronx, NY 10465, USA

$50

$50/SF

Building Size

1,800 SF

Asset Type

Retail

Closing

Aug 24, 2023

About this deal

AI

The retail property located at 3821 East Tremont Avenue in Throgs Neck, Bronx has been leased. The property spans an area of 1,800 square feet and was leased for an asking rent of $50 per square foot.

Summary of transation details

  • Property Type: Retail
  • Transaction Amount: Leased at $50/ft
  • Address: 3821 East Tremont Avenue
  • Market: Throgs Neck, Bronx
  • Landlord: Benjamin Seel
  • Tenant: C & C Celebrity Nail Artist

In this lease transaction, the property was leased by C & C Celebrity Nail Artist, with Benjamin Seel acting as the landlord. The deal was facilitated by brokers Nathan Aballi and Miles Sabbagh from Kassin Sabbagh Realty.

Players

Nathan Aballi

Kassin Sabbagh Realty

Broker

$8.3M

vol

50 deals

Broker

Market Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

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Deal FAQ

About $50 per square foot on a published $50 for 1,800 square feet (2023).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

317260.00%

Cash-on-Cash

-90673.88%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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