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728 East 136th Street

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

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.

Players

Ben Biberaj

IPRG Retail Leasing

Broker

$26.2M

vol

192 deals

Broker
EC
Evergreen Mechanical CorpTenant

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