Ridgewood Savings Bank Leases Retail Space In Bronx's 320 East 204th Street
320 East 204th Street, The Bronx, NY, USA
$166,465
$65/SF
Building Size
2,561 SF
Asset Type
Retail
Closing
Nov 22, 2020
About this deal
AI
Ridgewood Savings Bank has signed a lease for a retail space located at 320 East 204th Street in Bronx. The property spans over 2,561 square feet and was leased for an asking rent of $65 per square foot.
Summary of transaction details
- Property Type: Retail
- Date: 11/23/2020
- Address: 320 East 204th Street
- Market: Bronx
- Tenant: Ridgewood Savings Bank
- Landlord: Mordy Getz - Trac NYC
- Tenant's Representative: Josh Augenbaum - Augenbaum Realty Corp.
- Landlord's Representatives: Dean Rosenzweig & Jeremy Scholder - CBRE
- Asking Rent: $65 per square foot
- Square Footage: 2,561
The lease transaction was facilitated by Josh Augenbaum from Augenbaum Realty Corp, representing the tenant Ridgewood Savings Bank. On the landlord's side, Dean Rosenzweig and Jeremy Scholder from CBRE served as the representatives for Mordy Getz of Trac NYC.
On the Map
$166,465
$65/SF
Retail
View full map
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Jeremy Scholder to view all their deals.
Browse New York retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
95.29%
Cash-on-Cash
-27.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93