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2500 Barker Avenue

Way To Rehab PT PC Leases Retail Space At 2500 Barker Avenue Bronx For $40/ft
LEASEDRetail

Way To Rehab PT PC Leases Retail Space At 2500 Barker Avenue Bronx For $40/ft

2500 Barker Avenue

$40

$40/SF

Building Size

3,388 SF

Asset Type

Retail

Closing

Dec 22, 2025

AI

The property asset involved in the transaction is situated at 2500 Barker Avenue, Bronx. It is classified as a retail asset with a leasing structure defined as a Single Net Lease. The square footage of the property is 3,388, and the asking rent is set at $40 per square foot.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $40/ft
  • Square Footage: 3,388
  • Lease Type: Single Net Lease
  • Landlord: Michael Simcha
  • Tenant: Way to Rehab PT PC
  • Landlord's Representative: James Famularo, Bobby Ortense & Michael Escava - Meridian Capital Group
  • Tenant's Representative: Shaya Katz - Meridian Capital Group

This transaction involves key representatives from Meridian Capital Group, with James Famularo, Bobby Ortense, and Michael Escava representing the landlord, while Shaya Katz represents the tenant. The collaboration amongst these individuals has facilitated the leasing of the property.

Players

James Famularo

Meridian Capital Group

Broker

$11.4M

vol

362 deals

Broker
Meridian Capital Group
Meridian Capital GroupBrokerage

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

396575.00%

Cash-on-Cash

-113342.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93