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746 Lydig Avenue

David Strauss Leases Retail Space To Beans Lydig At 746 Lydig Avenue In Bronx
LEASEDRetail

David Strauss Leases Retail Space To Beans Lydig At 746 Lydig Avenue In Bronx

746 Lydig Avenue

$96

$96/SF

Building Size

1,000 SF

Asset Type

Retail

Closing

May 31, 2025

AI

The retail asset located at 746 Lydig Avenue in the Bronx features a space of 1,000 square feet and is subject to a modified gross lease. The asking rent for this property is set at $96 per square foot.

Summary of transation details:

  • Property Type: Retail
  • Transaction Amount: $96/ft
  • Address: 746 Lydig Avenue
  • Market: Bronx
  • Landlord: David Strauss
  • Tenant: Beans Lydig
  • Broker: Noam Aziz - Meridian Capital Group
  • Lease Type: Modified Gross Lease
  • Square Footage: 1,000

Noam Aziz from Meridian Capital Group acted as the broker representing the landlord David Strauss in this lease transaction. The tenant involved in the agreement is Beans Lydig.

Players

Noam Aziz

Meridian Capital Group

Broker

$900K

vol

231 deals

Broker
Meridian Capital Group
Meridian Capital GroupBrokerage

David Strauss

Landlord

2 deals

Landlord

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

165239.58%

Cash-on-Cash

-47225.98%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93