facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Retail

/

Lease

/

12 East Fordham Road

1 Slice Leases Retail Space At 12 East Fordham Road Bronx From Landlord Joseph Jemal
LEASEDRetail

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

Josh Augenbaum

Augenbaum Realty

Broker

$652.8M

vol

140 deals

Broker
Joseph Jemal

Joseph Jemal

Landlord

$62.8M

vol

3 deals

Landlord

Bronx Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

Loading comparables…

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