Forever Young Daycare Leases School In Bronx From Franklin Avenue Estates
LEASED
New York
See Similar DealsSchool10,000 SF
Leased 06/23/2022
LEASED
Forever Young Daycare Leases School In Bronx From Franklin Avenue Estates
1100 Franklin Ave, Bronx, NY, 10456
See Similar DealsSchool10,000 SF
Leased 06/23/2022
Summary
NEW YORK
Asset Type:School
Price Per Square Foot:$0
Total Square Footage:10,000 SF
Transaction Type:Lease
The property at 1100 Franklin Ave, Bronx, NY, 10456, is a 10,000 square foot school located in the Bronx. The landlord's representative in this lease transaction was Samuel (Sam) Hartstein from Gemstone Realty Group. The tenant, Forever Young Daycare, finalized the lease agreement with the landlord, Franklin Avenue Estates, on 06/23/2022.
Summary of transaction details:
- Property Type: School
- Transaction Amount: Not Available
- Market: Bronx
Forever Young Daycare entered into a lease agreement for the school property at 1100 Franklin Ave. Samuel (Sam) Hartstein of Gemstone Realty Group represented the landlord, Franklin Avenue Estates, in this transaction.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$573,193.97
Total Lease Value
$5,731,939.66
Net Landlord Cash Flow$573,193.97
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