P&B Barbershop Signs Modified Gross Lease At 332 East Gun Hill Road In Bronx
332 East Gun Hill Road
$3,250
$3,250/SF
Building Size
549 SF
Asset Type
Retail
Closing
Feb 9, 2026
AI
The property involved in the transaction is a retail asset located at 332 East Gun Hill Road in the Bronx market. The asking rent was set at $71 per square foot for a total space of 549 square feet, resulting in a monthly rent of $3,250. The lease type agreed upon is a Modified Gross Lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,250
- Address: 332 East Gun Hill Road
- Market: Bronx
- Landlord: BLDG Management
- Tenant: P&B Barbershop
- Broker: Magal Gabay - Besen Partners
This transaction involved notable individuals and entities where Magal Gabay of Besen Partners acted as the broker representing the landlord, BLDG Management, in the leasing agreement with P&B Barbershop as the tenant.
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
4880.92%
Cash-on-Cash
-1394.98%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93