ZG Capital Partners Leases 1,324 SF Retail Space To Off The Cap At 2417 Third Avenue
2417 Third Avenue
$38
$38/SF
Building Size
1,324 SF
Asset Type
Retail
Closing
Aug 4, 2026
About this deal
AI
The asset involved in this transaction is a retail property located at 2417 Third Avenue in the Bronx. The lease type for this property is a retail lease, with an asking rent of $38 per square foot for a total area of 1,324 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $38/ft
- Lease Type: Retail Lease
- Landlord: ZG Capital Partners
- Tenant: Off the Cap
- Brokers: Noam Aziz, Michael Escava - Meridian Capital Group & Jason Berisha - Meridian Retail Leasing
Noam Aziz and Michael Escava represented the landlord, ZG Capital Partners, while Jason Berisha represented the tenant, Off the Cap, in this lease transaction. The involvement of these brokers highlights the collaborative effort in securing the lease agreement for the retail space.
On the Map
$38
$38/SF
Retail
View full map
Players
Bronx Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Deal FAQ
Visit Noam Aziz to view all their deals.
Browse Bronx retail leases on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
417447.37%
Cash-on-Cash
-119307.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93