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1230 Seabury Ave, Bronx, NY...

1230 Seabury Ave
LEASEDWarehouse

1230 Seabury Ave

1230 Seabury Ave, Bronx, NY, 10462

$18

$18/SF

Building Size

27,845 SF

Asset Type

Warehouse

Closing

Sep 26, 2018

AI

The property asset involved in this lease transaction is located at 1230 Seabury Ave, Bronx, NY, 10462, within the Bronx market. The transaction encompasses a total square footage of 27,845 and a rent of $18 per square foot.

Summary of transaction details:

This lease transaction involves Landauer Medstar as the tenant, represented by Brian Cleva and Frank Dean from Cleva / Philips Real Estate Services Corp. The landlord of the property is Simone Development Companies. This deal reflects the collaboration between these entities in securing the lease agreement.

Players

Brian Cleva

Cleva / Philips Real Estate Services Corp.

Broker

2 deals

Broker
SD
Simone DevelopmentLandlord

Bronx Warehouse Market Snapshot

Boundary boundary · Warehouse · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

881277.78%

Cash-on-Cash

-251871.89%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93