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
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