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283 East 149th Street

El Catrin 2 Corp. Leases Retail Space At 283 East 149th Street From Sam Weinberger
LEASEDRetail

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

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

Noam Aziz

Meridian Capital Group

Broker

$900K

vol

231 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

198287.50%

Cash-on-Cash

-56671.18%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93