Dassa Orthopedics Leases Retail Space At 809 Allerton Ave In Bronx
809 Allerton Ave, Bronx, NY, 10467
Building Size
2,500 SF
Asset Type
Retail
Closing
Sep 23, 2021
About this deal
AI
The property involved in this transaction is a retail asset located at 809 Allerton Ave, Bronx, NY, 10467. The total square footage of the space is 2,500 square feet, situated within the Bronx market.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 809 Allerton Ave, Bronx, NY, 10467
- Square Feet: 2,500
- Tenant: Dassa Orthopedics
- Landlord: LAD Realty
- Tenant's Representative: Maria Porco Rosa
- Landlord's Representative: Steve Lorenzo-Lee & Associates
This transaction involves key individuals and companies, including Dassa Orthopedics as the tenant and LAD Realty as the landlord. Maria Porco Rosa represents Dassa Orthopedics, while Steve Lorenzo-Lee & Associates represents LAD Realty in this leasing arrangement.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93