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Steven Hakakian Of Schuckman Realty Represents Atomic Wings In Lease At 4720 Third Avenue Bronx

Property Image
LEASED
$130
Steven Hakakian
Greg Parassio

New York

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Retail
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Property Image
LEASED

Steven Hakakian Of Schuckman Realty Represents Atomic Wings In Lease At 4720 Third Avenue Bronx

4720 Third Avenue

See Similar Deals
Retail
Leased
Steven Hakakian
Greg Parassio
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:Retail
Transaction Type:Lease

The asset involved in this transaction is a retail space located at 4720 Third Avenue in the Bronx. The lease was finalized for January 1, 2025, with a rental rate of $130 per square foot.

Summary of transaction details:

Steven Hakakian, acting as the tenant's representative, facilitated this lease agreement for Atomic Wings, which is currently in the process of expanding its presence nationwide, including locations in New York and New Jersey. Greg Parassio represented the Sioni Group, the landlord in this transaction.

Players

Greg Parassio
Booth Street
Greg Parassio
22 deals
BROKER
Steven Hakakian
Schuckman Realty
Steven Hakakian
13 deals$27.8M volume(845) 596-5183
BROKER
Sioni Group
Sioni Group
LANDLORD
AW
Atomic Wings
TENANT

Details

LEASED
IMAGE: Greg Parassio & Steven Hakakian DATE: 01/01/2025 ADDRESS: 4720 Third Avenue MARKET: Bronx ASSET TYPE: Retail LANDLORD: Sioni Group (@Sioni_Group) TENANT: Atomic Wings (@AtomicWings) LANDLORD'S REP: Greg Parassio - Booth Street (@Booth_Street) TENANT'S REP: Steven Hakakian (@StevenHakakian) - Schuckman Realty (@SchuckmanRealty) ASKING RENT: $130/ft ~ SF: 1,090 LEASE TYPE: Modified Gross Lease NOTE FROM BROKER: In this transaction, Steven Hakakian of Schuckman Realty, representing Atomic Wings as the tenant, and Greg Parassio of Booth Capitol, representing The Sioni Group as the landlord, completed a lease for 4720 3rd Ave in the Bronx. Atomic Wings, currently expanding across the nation, including New York and New Jersey, is seeking potential suitable sites for its expansion. If you have any such sites in mind, please submit them to their master broker, Steven Hakakian at [email protected].

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Deal Type
Effective Rent (Annual)

$1,490,304.31

Total Lease Value

$14,903,043.10

Net Landlord Cash Flow$1,490,304.31