1 Slice Leases Retail Space At 12 East Fordham Road Bronx From Landlord Joseph Jemal
12 East Fordham Road
$110
$110/SF
Building Size
1,000 SF
Asset Type
Retail
Closing
Mar 17, 2025
AI
The asset involved in the transaction is a retail space located at 12 East Fordham Road in the Bronx. The leased property encompasses 1,000 square feet and has a rent rate of $110 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Tenant: 1 slice
- Landlord: Joseph Jemal
- Date of Lease: 03/17/2025
The transaction involved the landlord Joseph Jemal, who is responsible for the property lease to the tenant 1 slice. The details of the lease transaction are finalized as of March 17, 2025, in the Bronx market.
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
144209.09%
Cash-on-Cash
-41215.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93