Arben Mitaj as tenant signs 99-year ground lease in Fordham valued at $4.6M
Arben Mitaj’s 2180 Walton LLC, as tenant, signed a memorandum of lease with landlord Barry Leon through its entity Morris Walton Owners LLC for 5 parcels, including the tax class three-family (C0) and containing 8 residential units at 2176 Walton Avenue, 2180 Walton Avenue, 2185 Morris Avenue, 2183 Morris Avenue, and 2181 Morris Avenue in Fordham. The memorandum was signed on March 23, 2021 and was recorded on April 19, 2021
The property has 8,986 square feet of built space and total development rights.
This is a 99-year ground lease that starts on March 23, 2021, and is valued at $4.62 million.
Direct link to Acris document. link
