Evergreen Mechanical Corp Leases Retail Space At 728 East 136th Street In Bronx
728 East 136th Street, The Bronx, New York 10454, United States
$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 transaction took place on 01/17/2023. The property spans across 6,000 square feet and was leased to Evergreen Mechanical Corp.
Summary of transaction details
- Property Type: Retail
- Transaction Date: 01/17/2023
- Address: 728 East 136th Street, Bronx
- Tenant: Evergreen Mechanical Corp
The lease deal was facilitated by Ben Biberaj and Ben Howard from Meridian Capital Group, who represented the tenant, Evergreen Mechanical Corp.
The leased property had an asking rent of $40 per square foot.
Players
Bronx 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