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
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:
- Property Type: Retail
- Asking Rent: $40 per square foot
- Square Footage: 6,000
- Tenant: Evergreen Mechanical Corp
- Brokers: Ben Biberaj & Ben Howard - Meridian Capital Group
Ben Biberaj and Ben Howard from Meridian Capital Group represented the tenant, Evergreen Mechanical Corp, in this lease transaction.
Players
New York 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
396575.00%
Cash-on-Cash
-113342.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93