Abe Ashkenazy Leases Retail Space At 4142 White Plains Road To Juici Patties In Bronx
4142 White Plains Road
$50
$50/SF
Building Size
3,500 SF
Asset Type
Retail
Closing
Sep 1, 2024
About this deal
AI
The property asset involved in this transaction is a retail space located at 4142 White Plains Road in the Bronx. The asking rent for this 3,500 square foot space is $50 per square foot, and it is categorized as a retail lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $50/ft
- Square Footage: 3,500
- Address: 4142 White Plains Road
- Market: Bronx
- Landlord: Abe Ashkenazy
- Tenant: Juici Patties
- Brokers: Solomon Sharaby, Jack Hamadani & Fred Jemal - KSR
This transaction involved key individuals, including landlord Abe Ashkenazy and tenant Juici Patties. The brokerage team facilitating the lease consists of Solomon Sharaby, Jack Hamadani, and Fred Jemal from KSR, representing the parties in this retail lease agreement.
Players
Bronx Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
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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