ROYAL PROPERTIES BROKERS PHARMACY/VARIETY STORE DEAL IN BRONX, NEW YORK

Royal Properties, Inc. is pleased to announce that Broadway Dreams II signed a 10-year lease for 13,000 square feet at 5235 Broadway, Bronx, NY.

The operator of Broadway Dreams II has 18 other stores throughout New York and New Jersey and will open their newest venue at 5235 Broadway.

5235 Broadway, Bronx, NY is a 29,000 sqauare foot strip center built in 1951.  This 13,000 square foot space will feature a pharmacy/variety store, which will take over the former Rite Aid, located between the 225th Street Subway Station and 231st Kingsbridge Subway Station.  Broadway Dreams II will benefit from this busy and high traffic location in Marble Hill.  The space is adjacent to River Plaza which includes Target, Chase Bank, Sprint and many more. Situated next to C-Town and in close proximity to Target Mall.  Rick Stassa and Karnit Mosberg of Royal Properties, Inc were the sole brokers in this transaction.

For additional information please contact Rick Stassa at 914-237-3400, Ext. 107 (Rick@RoyalPropertiesInc.com) or Karnit Mosberg at 914-237-3400, Ext. 110 (Karnit@RoyalPropertiesInc.com).

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