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
About this deal
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.
On the Map
Retail
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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