Cheskel Schwimmer Leases Retail Space To LeeAngie Silvestre In Bronx For $45/ft
228 East 135th Street
$45
$45/SF
Building Size
1,858 SF
Asset Type
Retail
Closing
Nov 23, 2025
About this deal
AI
This retail asset is located at 228 East 135th Street, situated in the Bronx market. The lease has been structured as a Single Net Lease with an asking rent of $45 per square foot for a total area of 1,858 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $45/ft
- Square Footage: 1,858
- Lease Type: Single Net Lease
- Landlord: Cheskel Schwimmer
- Tenant: LeeAngie Silvestre
- Tenant's Representative: Noam Aziz, Nathan Shabot, Stefan Seecharran & Benjamin Zone - Meridian Capital Group
The transaction involved key representatives from Meridian Capital Group who facilitated the leasing process for the tenant, LeeAngie Silvestre. These representatives include Noam Aziz, Nathan Shabot, Stefan Seecharran, and Benjamin Zone, highlighting the collaborative effort behind securing this lease.
On the Map
$45
$45/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
352511.11%
Cash-on-Cash
-100748.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93