Easy Pickens Signs Lease At 5 West Burnside Avenue In University Heights
5 W Burnside Ave Bronx, NY 10453, USA
$66
$66/SF
Building Size
6,332 SF
Asset Type
Retail
Closing
May 10, 2023
About this deal
AI
The retail property located at 5 West Burnside Avenue in University Heights has been leased. The property, with a square footage of 6,332, was leased by Easy Pickens. The Jemstone Group acted as the landlord in this transaction. The lease was facilitated by brokers Jack Hamadani and Albert Manopla from KSR.
Summary of transation details
- Property Type: Retail
- Transaction Amount: Lease
- Address: 5 West Burnside Avenue
- Market: University Heights
- Tenant: Easy Pickens
- Landlord: The Jemstone Group
- Brokers: Jack Hamadani & Albert Manopla - KSR
- Asking Rent: $66/ft
- Square Footage: 6,332
This deal was finalized on the date of 05/10/2023. Both Jack Hamadani and Albert Manopla from KSR played key roles as the brokers representing the tenant, Easy Pickens, in securing this lease deal with The Jemstone Group as the landlord.
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Deal FAQ
Visit Jack Hamadani to view all their deals.
Browse New York retail leases on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
240348.48%
Cash-on-Cash
-68692.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93