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837 E 149th St

Hands Of Hope Leases 1,300 Square Feet Of Retail Space At 837 E 149th St Bronx
LEASEDRetail

Hands Of Hope Leases 1,300 Square Feet Of Retail Space At 837 E 149th St Bronx

837 E 149th St

Building Size

1,300 SF

Asset Type

Retail

Closing

Jan 1, 2022

AI

The property asset involved in this transaction is a retail space located at 837 E 149th St in the Bronx. The square footage of the retail property is 1300.0 square feet, indicating a suitable size for various retail operations.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 837 E 149th St
  • Market: Bronx
  • Landlord: Simone Development Cos
  • Tenant: Hands of Hope
  • Broker: Thomas Caliendo - Tide Realty Group
  • Square Feet: 1300.0

This transaction involves Hands of Hope as the tenant and Simone Development Cos serving as the landlord. The deal was brokered by Thomas Caliendo from Tide Realty Group, representing the interests of the landlord in this lease agreement.

Players

Thomas Caliendo

Tide Realty Group

Broker

$7.6M

vol

47 deals

Broker
SC
Simone Development CosLandlord
HH
Hands of HopeTenant

Bronx Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

Loading comparables…

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