Snipes Leases Retail Space In Bronx, NYC For $400,000/year
LEASED
New York
See Similar DealsRetail4,000 SF
Leased 06/01/2020
LEASED
Snipes Leases Retail Space In Bronx, NYC For $400,000/year
977 Southern Boulevard, Bronx, NY 10459
See Similar DealsRetail4,000 SF
Leased 06/01/2020
Summary
NEW YORK
Asset Type:Retail
Total Square Footage:4,000 SF
Transaction Type:Lease
977 Southern Blvd is a retail property located in the Bronx market. The transaction took place on 06/01/2021.
Summary of transaction details:
- Property Type: Retail
- Tenant: Snipes 👟
- Landlord: Jem Realty - Joseph Jemal
- Brokers: Solomon Sharaby, Albert Manopla, Jack Khaski & Michael Katz @Kassin_Sabbagh_Realty
- Asking Rent: $100/ft. ~ SF: 4,000
The tenant for this retail property is Snipes 👟. The landlord is Jem Realty, represented by Joseph Jemal. The brokers involved in the deal were Solomon Sharaby, Albert Manopla, Jack Khaski, and Michael Katz from Kassin_Sabbagh_Realty. The property was leased for an asking rent of $100 per square foot, with a total square footage of 4,000.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$229,277.59
Total Lease Value
$2,292,775.86
Net Landlord Cash Flow$229,277.59
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