Concourse Organic Market Leases Retail Space At 2437 Grand Concourse In Bronx For $120/SF
2437 Grand Concourse
Building Size
2,000 SF
Asset Type
Retail
Closing
Jun 1, 2026
About this deal
AI
The property involved in this transaction is a retail space located at 2437 Grand Concourse in the Bronx. The lease type established for this asset is a Single Net Lease, with an asking rent of $120 per square foot for a total area of 2,000 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $240,000
- Landlord: Eden Ashourzadeh
- Tenant: Concourse Organic Market
- Landlord's Representative: Eddie Mamiye & Meyer Dagmy - MOD
- Tenant's Representative: Solomon Sharaby - KSR
- Date: 6/2/2026
This transaction features key stakeholders, including landlord Eden Ashourzadeh, representing the property as a retail asset in the Bronx. The tenant, Concourse Organic Market, is represented by Solomon Sharaby from KSR. The landlord's interests are represented by a team of brokers, Eddie Mamiye and Meyer Dagmy from MOD.
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