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
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