Dollar Hub Leases Retail Space At 2952 Third Avenue From Landlord Alex Adjmi
2952 Third Avenue
$50
$50/SF
Building Size
10,000 SF
Asset Type
Retail
Closing
Feb 1, 2026
AI
The property asset involved is a retail space located at 2952 Third Avenue in The Hub. The retail lease is finalized with a tenant, Dollar Hub, at an asking rent of $50 per square foot for a total square footage of 10,000. The landlord overseeing this transaction is Alex Adjmi.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $500,000
- Address: 2952 Third Avenue
- Market: The Hub
- Landlord: Alex Adjmi
- Tenant: Dollar Hub
- Brokers: Ezra Falack, Solomon Sharaby, Ori Melloul & Albert Manopla - KSR
- Lease Type: Retail Lease
The brokers who facilitated this transaction include Ezra Falack, Solomon Sharaby, Ori Melloul, and Albert Manopla, all representing KSR in the deal involving the landlord Alex Adjmi and tenant Dollar Hub.
Players
Bronx Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
317260.00%
Cash-on-Cash
-90673.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93