El Catrin 2 Corp. Leases Retail Space At 283 East 149th Street From Sam Weinberger
283 East 149th Street
$80
$80/SF
Building Size
1,200 SF
Asset Type
Retail
Closing
Oct 29, 2025
About this deal
AI
The lease at 283 East 149th Street in the Bronx involves a retail asset with a square footage of 1,200. The asking rent for this property is set at $80 per square foot. This transaction falls under a Single Net Lease type.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $96,000
- Address: 283 East 149th Street
- Market: Bronx
- Landlord: Sam Weinberger
- Tenant: El Catrin 2 Corp.
- Brokers: Noam Aziz, Nathan Shabot & Michael Escava - Meridian Capital Group
The representatives for this transaction include brokers Noam Aziz, Nathan Shabot, and Michael Escava from Meridian Capital Group, who facilitated the deal between the landlord and tenant directly.
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
198287.50%
Cash-on-Cash
-56671.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93