Ridgewood Savings Bank Leases Retail Space At 3951 White Plains Rd. In Bronx
LEASED
New York
See Similar DealsRetail1,100 SF
Leased 07/01/2022
LEASED
Ridgewood Savings Bank Leases Retail Space At 3951 White Plains Rd. In Bronx
3951 White Plains Road, The Bronx, New York 10466, United States
See Similar DealsRetail1,100 SF
Leased 07/01/2022
Summary
NEW YORK
Asset Type:Retail
Total Square Footage:1,100 SF
Transaction Type:Lease
Located at 3951 White Plains Rd in the Bronx, this retail property has recently been leased. The lease transaction was facilitated by Josh Augenbaum from Augenbaum Realty Corp. representing the tenant, Ridgewood Savings Bank. The property is owned by Alan Jemal.
Summary of transaction details:
- Property Type: Retail
- Transaction Date: 07/01/2022
- Address: 3951 White Plains Rd.
- Market: Bronx
- Asking Rent: $60/ft.
- Square Footage: 1,100
The deal was successfully closed with an asking rent of $60 per square foot for a total of 1,100 square feet. Alan Jemal acted as the landlord in this lease transaction, while Ridgewood Savings Bank became the tenant. Josh Augenbaum, representing Augenbaum Realty Corp., played a crucial role as the broker for the tenant in securing this lease agreement.
Players
LANDLORD
TENANT
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$63,051.34
Total Lease Value
$630,513.36
Net Landlord Cash Flow$63,051.34
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