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360 East 197th Street

Empire Gourmet Deli Signs Lease At 360 East 197th Street In Bronx With Edmund Shammah As The Broker
LEASEDRetail

Empire Gourmet Deli Signs Lease At 360 East 197th Street In Bronx With Edmund Shammah As The Broker

360 East 197th Street

$45

$45/SF

Building Size

950 SF

Asset Type

Retail

Closing

Jun 30, 2026

AI

The property asset involved in this transaction is a retail space located at 360 East 197th Street in the Bronx. The asking rent for this location is $45 per square foot, and the total square footage is 950. The lease type is a Modified Gross Lease.

Summary of transaction details:

This deal involves Edmund Shammah representing the tenant, Empire Gourmet Deli, in securing the lease for the retail space mentioned. Safdie Realty Group is the agency associated with this transaction.

Players

Edmund Shammah

Safdie Realty Group

Broker

7 deals

Broker

Market 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

352511.11%

Cash-on-Cash

-100748.76%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93