Kidz Klub Leases Retail Space At 4720 Third Avenue In Bronx

The retail property located at 4720 Third Avenue in Bronx was involved in a lease transaction. The landlord, Sioni Group, leased the space to the tenant, Kidz Klub. The deal was facilitated by broker Greg Parassio from Booth Street. The lease was a Modified Gross Lease with an asking rent of $50 per square foot for a total square footage of 35,000.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not specified
• Address: 4720 Third Avenue
• Market: Bronx
• Landlord: Sioni Group
• Tenant: Kidz Klub
• Broker: Greg Parassio - Booth Street
• Asking Rent: $50/ft
• Lease Type: Modified Gross Lease

Greg Parassio from Booth Street played a pivotal role as the broker in this lease agreement, connecting the landlord, Sioni Group, with the tenant, Kidz Klub. The negotiation process for this Modified Gross Lease at 4720 Third Avenue highlights the importance of having skilled professionals like Greg Parassio navigating commercial real estate deals in the Bronx market.