Oren Sendowski Leases Retail Space To IHOP At 410 East 189th Street Bronx For $45/ft
LEASED
$45
New York
See Similar DealsRetail4,900 SF
Leased 01/15/2025
LEASED
Oren Sendowski Leases Retail Space To IHOP At 410 East 189th Street Bronx For $45/ft
410 East 189th Street
See Similar DealsRetail4,900 SF
Leased 01/15/2025
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$45
Total Square Footage:4,900 SF
Transaction Type:Lease
The asset involved in this closed transaction is a retail property located at 410 East 189th Street in the Bronx market. The property has a square footage of 4,900 and is leased under a Single Net Lease agreement. The asking rent for this space was set at $45 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $45/ft
- Address: 410 East 189th Street
- Market: Bronx
- Lease Type: Single Net Lease
- Landlord: Oren Sendowski
- Tenant: IHOP
- Brokers: Steve Lorenzo & Jeffrey Lopez - Lee & Associates
The key individuals involved in this transaction include Oren Sendowski, the landlord, and the tenant, IHOP. The transaction was facilitated by brokers Steve Lorenzo and Jeffrey Lopez from Lee & Associates, who represented the parties in this lease agreement.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$252,778.54
Total Lease Value
$2,527,785.39
Net Landlord Cash Flow$252,778.54
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