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
About this deal
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