Jollibee Leases Retail Space From Landlord David Yerosh At 2865 Third Avenue In Bronx
2865 Third Avenue
$175
$175/SF
Building Size
2,600 SF
Asset Type
Retail
Closing
Sep 17, 2025
About this deal
AI
The property involved in this transaction is a retail asset located at 2865 Third Avenue in the Bronx. The landlord for this lease is David Yerosh, while the tenant is Jollibee. The asking rent is set at $175 per square foot for a total area of 2,600 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $175/ft
- Square Footage: 2,600
- Address: 2865 Third Avenue
- Market: Bronx
- Landlord: David Yerosh
- Tenant: Jollibee
- Lease Type: Retail Lease
- Brokers: Freddy Souid & Jack Hamadani - KSR
Freddy Souid and Jack Hamadani from KSR represent both the landlord and the tenant in this lease. Jollibee is actively seeking additional sites throughout New York, New Jersey, and Philadelphia. Interested parties can contact Freddy Souid at [email protected] and Jack Hamadani at [email protected].
On the Map
$175
$175/SF
Retail
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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
90645.71%
Cash-on-Cash
-25906.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93