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2484 Grand Concourse

Bling Box Leases Retail Space At 2484 Grand Concourse Represented By Solomon Sharaby & Avinoam Herrari
LEASEDRetail

Bling Box Leases Retail Space At 2484 Grand Concourse Represented By Solomon Sharaby & Avinoam Herrari

2484 Grand Concourse

$75

$75/SF

Building Size

2,000 SF

Asset Type

Retail

Closing

Oct 14, 2025

AI

The property involved in this transaction is located at 2484 Grand Concourse in the Fordham market. It is a retail asset leased at an asking rent of $75 per square foot, encompassing a total area of 2,000 square feet.

Summary of transation details:

In this lease transaction, Solomon Sharaby and Avinoam Herrari represented the interests of the landlord and tenant, facilitating the agreement between Alan Jemal and Bling Box. Their involvement played a crucial role in the negotiation process for this retail lease.

Players

Solomon Sharaby

Kassin Sabbagh Realty

Broker

$6.3M

vol

104 deals

Broker
Kassin Sabbagh Realty
Kassin Sabbagh RealtyBrokerage

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

211506.67%

Cash-on-Cash

-60449.25%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93