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728 East 136th Street, The ...

Evergreen Mechanical Corp Leases Retail Space At 728 East 136th Street In Bronx
LEASEDRetail

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

Ben Biberaj

IPRG Retail Leasing

Broker

$26.2M

vol

192 deals

Broker
EC
Evergreen Mechanical CorpTenant

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