- Multi-family building consisting of 6 units
- Represented the buyer
17 E 204th St, Bronx, NY 10468
Additional Information
| City | Bronx |
|---|---|
| Broker | Mark Akilov, Yuriy Ustoyev |
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- Development Site
- Represented the seller
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AssetCRG has successfully leased out 42-28 Bell Boulevard for a 10-year lease with 5-year option. The 1,200SF space was leased to SnowdaysNYC. They are currently located in 5 locations and are working on their 6th location in Los Angles, California
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Remarks at Closing:
– Closed for 5.1% CAP
– AT&T has been a tenant for 15 years
– Recently completed a 10-year term and 5-year option ending in Dec. 2017 & has renewed early and requested (2) 3-year extensions on existing renewals
– Tenant has done a complete interior renovation and is strongly committed to the site
– High traffic busy corner location, many national retailers located nearby, out-parcel to a larger center
– Landlord pays taxes/CAM and 100% reimbursed by tenant. LL responsible for roof/structure
