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2952 Third Avenue

Dollar Hub Leases Retail Space At 2952 Third Avenue From Landlord Alex Adjmi
LEASEDRetail

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:

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

Albert Manopla

Kassin Sabbagh Realty

Broker

$4.3M

vol

87 deals

Broker
Alex Adjmi

Alex Adjmi

Landlord

$100.6M

vol

19 deals

Landlord

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

317260.00%

Cash-on-Cash

-90673.88%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93