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728 East 136th Street

Updated Oct 29, 2024

Evergreen Mechanical Corp Leases Retail Space On 728 East 136th Street In Bronx For $40/ft
LEASEDRetail

Evergreen Mechanical Corp Leases Retail Space On 728 East 136th Street In Bronx For $40/ft

728 East 136th Street

$40

$40/SF

Building Size

6,000 SF

Asset Type

Retail

Closing

Jan 17, 2023

About this deal

AI

The retail property located at 728 East 136th Street in Bronx has recently been leased. The tenant, Evergreen Mechanical Corp, has signed a lease agreement for the space.

Summary of transaction details:

Ben Biberaj and Ben Howard from Meridian Capital Group represented the tenant, Evergreen Mechanical Corp, in this lease transaction.

The retail lease at 728 East 136th Street in New York, New York leased for $40 in 2023. The building is 6,000 square feet, implying about 40 per square foot on the published price. Ben Howard, Ben Biberaj, Meridian Capital Group appear on the lease alongside Meridian Capital Group. This page is the New York, New York file for the 728 East 136th Street retail leased: pricing, party profiles, and other closed retail comps from the same New York sit in the Market section below. Filter that New York retail set by closing date to see what else leased near 728 East 136th Street around 2023. Published consideration for 728 East 136th Street is $40, dated 2023. Cite this Evergreen Mechanical Corp Leases Retail Space On 728 East 136th Street In Bronx For $40/ft lease when underwriting similar retail product around New York, New York.

On the Map

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$40

$40/SF

Retail

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Players

Ben Biberaj

IPRG Retail Leasing

Broker

$26.2M

vol

213 deals

Broker
EC
Evergreen Mechanical CorpTenant
Bilt advertisement

New York Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

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Deal FAQ

About $40 per square foot on a published $40 for 6,000 square feet (2023).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

396575.00%

Cash-on-Cash

-113342.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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