Ruth Jemal Leases Retail Space To Danny'S Furniture On White Plains Road
LEASED
New York
See Similar DealsRetail12,500 SF
Leased 03/01/2024
LEASED
Ruth Jemal Leases Retail Space To Danny'S Furniture On White Plains Road
3967 White Plains Road
See Similar DealsRetail12,500 SF
Leased 03/01/2024
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$25
Total Square Footage:12,500 SF
Transaction Type:Lease
The retail property located at 3967 White Plains Road in Wakefield, Bronx, was leased to Danny'S Furniture. The property spans 12,500 square feet, with an asking rent of $25 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not provided
- Landlord: Ruth Jemal
- Tenant: Danny'S Furniture
- Brokers: Solomon Sharaby, Nathan Aballi, & Fred Jemal - KSR
- Lease Type: Retail Lease
Solomon Sharaby, Nathan Aballi, and Fred Jemal from KSR represented both the landlord, Ruth Jemal, and the tenant, Danny'S Furniture, in the lease transaction.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$358,246.23
Total Lease Value
$3,582,462.28
Net Landlord Cash Flow$358,246.23
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