House Of Wings Signs Lease For Retail Space At 1057 Hoe Avenue Bronx With Scott Morgan As Landlord
1057 Hoe Avenue
$81
$81/SF
Building Size
1,100 SF
Asset Type
Retail
Closing
Nov 11, 2025
About this deal
AI
The property involved in this transaction is a retail space located at 1057 Hoe Avenue in the Bronx. The asset has a total square footage of 1,100 and is leased under a Single Net Lease agreement at an asking rent of $81 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $81/ft
- Address: 1057 Hoe Avenue
- Market: Bronx
- Lease Type: Single Net Lease
- Landlord: Scott Morgan - The Morgan Group
- Tenant: House of Wings
- Brokers: Noam Aziz & Ariel Ilian - Meridian Capital Group
- Square Footage: 1,100
The transaction was facilitated by the brokerage team of Noam Aziz and Ariel Ilian from Meridian Capital Group, representing both the landlord, Scott Morgan of The Morgan Group, and the tenant, House of Wings, in this leasing agreement.
On the Map
$81
$81/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
195839.51%
Cash-on-Cash
-55971.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93