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:
- 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.
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.
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