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:
- Property Type: Retail
- Transaction Amount: $150,000
- Address: 2484 Grand Concourse
- Lease Type: Retail Lease
- Landlord: Alan Jemal
- Tenant: Bling Box
- Brokers: Solomon Sharaby & Avinoam Herrari - KSR
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
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