Steven Hakakian Of Schuckman Realty Represents Atomic Wings In Lease At 4720 Third Avenue Bronx
4720 Third Avenue
$130
Building Size
—
Asset Type
Retail
Closing
Jan 1, 2025
About this deal
AI
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:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 4720 Third Avenue
- Market: Bronx
- Landlord: Sioni Group
- Landlord's Representative: Greg Parassio, Booth Street
- Tenant: Atomic Wings
- Tenant's Representative: Steven Hakakian, Schuckman Realty
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.
On the Map
$130
Retail
View full map
Players
Bronx Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Deal FAQ
Browse Bronx retail leases on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
122023.08%
Cash-on-Cash
-34874.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93