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361 East Fordham Road

Chai Urgent Care Leases Retail Space In Fordham, New York
LEASEDRetail

Chai Urgent Care Leases Retail Space In Fordham, New York

361 East Fordham Road

$150

$150/SF

Building Size

1,650 SF

Asset Type

Retail

Closing

Feb 1, 2022

AI

The retail property located at 361 East Fordham Rd. in the Fordham market has been leased. The transaction took place on February 1, 2022. The space covers an area of 1,650 square feet. The landlord for this property is Alan Jemal, while the tenant is Chai Urgent Care represented by Eddy Salameh and Yoni Hadar. The leasing deal was facilitated by Solomon Sharaby, Jack Khaski, and Albert Manopla from KSR. The asking rent for this property was $150 per square foot.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: Leased
  • Address: 361 East Fordham Rd.
  • Market: Fordham
  • Landlord: Alan Jemal
  • Tenant: Chai Urgent Care - Eddy Salameh & Yoni Hadar
  • Broker: Solomon Sharaby, Jack Khaski & Albert Manopla - KSR
  • Asking Rent: $150/ft.
  • Square Footage: 1,650

The leasing deal for the retail property at 361 East Fordham Rd. was successfully negotiated by Solomon Sharaby, Jack Khaski, and Albert Manopla from KSR. This transaction highlights the involvement of various stakeholders, including the landlord Alan Jemal and the tenant Chai Urgent Care, represented by Eddy Salameh and Yoni Hadar. The property's prime location in the Fordham market and the attractive asking rent of $150 per square foot contributed to its desirability in the leasing market.

Players

Albert Manopla

Kassin Sabbagh Realty

Broker

$4.3M

vol

83 deals

Broker
JR
Jem RealtyLandlord
CC
Chai Urgent CareTenant
Eddy Salameh

Eddy Salameh

Chai Urgent Care

Tenant

$1.4M

vol

15 deals

Tenant

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

105753.33%

Cash-on-Cash

-30224.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93