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1020 Grand Concourse

Brandon Eshagoff Leases Retail Space To Morel Tax Services At 1020 Grand Concourse Bronx
LEASEDRetail

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

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.

Players

Noam Aziz

Meridian Capital Group

Broker

$900K

vol

238 deals

Broker

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