Fine Fare Supermarkets Acquires Mixed-Use Retail Building In Bronx For $8 Million
2441 Boston Road
$8,000,000
$344/SF
Building Size
23,225 SF
Asset Type
Mixed-use
Closing
Sep 29, 2026
About this deal
AI
A mixed-use retail building located at 2441 Boston Road in the Allerton section of the Bronx has been sold. The transaction was completed on September 29, 2026, for a total sale price of $8,000,000. The building encompasses a total of 23,225 square feet, resulting in a price per square foot of $344.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $8,000,000
- Address: 2441 Boston Road
- Market: Bronx
- Square Footage: 23,225
- Price per Square Foot: $344
- Buyer: Rodolfo Fuertes - Fine Fare Supermarkets
- Seller: John D’Angelo & Leonard D’Angelo
The buyer, Fine Fare Supermarkets, purchased the property through 2441 Boston Road LLC. This acquisition included the mixed-use building along with two adjacent parking lots situated on the premises, where the supermarket has already commenced operations.
On the Map
$8,000,000
$344/SF
Mixed-use
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Players
Bronx Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.98%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93