Brandon Eshagoff Leases Retail Space To Morel Tax Services At 1020 Grand Concourse Bronx
1020 Grand Concourse
$40
$40/SF
Building Size
1,050 SF
Asset Type
Retail
Closing
Nov 11, 2025
About this deal
AI
This retail asset is located at 1020 Grand Concourse in the Bronx. It has a total area of 1,050 square feet and is leased under a Single Net Lease with an asking rent of $40 per square foot.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $42,000
- Landlord: Brandon Eshagoff
- Tenant: Morel Tax Services
- Brokers: Noam Aziz & Nathan Shabot - Meridian Capital Group
Noam Aziz and Nathan Shabot from Meridian Capital Group represented the landlord and the tenant in this lease transaction, facilitating the agreement between Brandon Eshagoff and Morel Tax Services.
On the Map
$40
$40/SF
Retail
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Players
Bronx Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
396575.00%
Cash-on-Cash
-113342.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93