JJ Operating Leases Retail Space To Food Box At 141 East Fordham Road, Bronx For $120/ft
141 East Fordham Road
Building Size
3,000 SF
Asset Type
Retail
Closing
Apr 13, 2026
About this deal
AI
The property asset involved in this transaction is a retail space located at 141 East Fordham Road in the Bronx. The asking rent for this property is $120 per square foot, and it encompasses a total area of 3,000 square feet. The lease type is classified as a single net lease, with JJ Operating acting as the landlord and Food Box as the tenant.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $120/ft
- Address: 141 East Fordham Road
- Market: Bronx
- Landlord: JJ Operating
- Tenant: Food Box
- Square Footage: 3,000
- Lease Type: Single Net Lease
- Brokers: Eddie Mamiye & Meyer Dagmy - MOD
Eddie Mamiye and Meyer Dagmy, representing the landlord, facilitated the leasing of the retail space. This transaction highlights the collaboration between the brokers and the landlord in securing a tenant for the property.
On the Map
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
132191.67%
Cash-on-Cash
-37780.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93