Heart To Heart Homecare Signs 10-Year Lease For 12,500 Square Feet In Bronx Medical Office
369 East 148th Street
$38
$38/SF
Building Size
12,500 SF
Asset Type
Medical Office
Closing
Jul 9, 2026
AI
The property asset involved is a medical office located at 369 East 148th Street in the Bronx. The property consists of 12,500 square feet and was leased at an asking rent of $38 per square foot.
Summary of transaction details:
- Property Type: Medical Office
- Transaction Amount: $38/ft.
- Size: 12,500 SF
- Address: 369 East 148th Street
- Market: Bronx
- Landlord: Marc Fishman
- Tenant: Heart To Heart Homecare
- Broker: Nick Zweig - Locations Commercial Real Estate
- Lease Duration: 10 years
Heart to Heart Homecare has signed a 10-year lease for the medical office, marking an expansion of its footprint in New York City. Nick Zweig represented Locations Commercial Real Estate in this deal, facilitating the transaction between the landlord Marc Fishman and tenant Heart To Heart Homecare.
Players
Bronx Medical Office Market Snapshot
Boundary boundary · Medical Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
417447.37%
Cash-on-Cash
-119307.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93