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2437 Grand Concourse

Concourse Organic Market Leases Retail Space At 2437 Grand Concourse In Bronx For $120/SF
LEASEDRetail

Concourse Organic Market Leases Retail Space At 2437 Grand Concourse In Bronx For $120/SF

2437 Grand Concourse

$120

$120/SF

Building Size

2,000 SF

Asset Type

Retail

Closing

Jun 1, 2026

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.

Players

Solomon Sharaby

Kassin Sabbagh Realty

Broker

$3M

vol

101 deals

Broker
Meyer Dagmy
Verified Badge

Meyer Dagmy

MOD

Broker

$5.5M

vol

90 deals

Broker

Eden Ashourzadeh

Landlord

$116.7M

vol

37 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

132191.67%

Cash-on-Cash

-37780.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93