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4101 Boston Road

Weaderhorn Family Leases Retail Space To Dave Patel At 4101 Boston Road Bronx For $51/ft
LEASEDRetail

Weaderhorn Family Leases Retail Space To Dave Patel At 4101 Boston Road Bronx For $51/ft

4101 Boston Road

$51

$51/SF

Building Size

8,240 SF

Asset Type

Retail

Closing

Nov 2, 2025

AI

The asset involved in this transaction is a retail property located at 4101 Boston Road in the Bronx market. It encompasses 8,240 square feet and the lease was agreed upon at an asking rent of $51 per square foot, structured as a Single Net Lease.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $51/ft
  • Lease Type: Single Net Lease
  • Address: 4101 Boston Road
  • Market: Bronx
  • Landlord: Weaderhorn Family
  • Tenant: Dave Patel
  • Landlord's Representative: Noam Aziz & Shaya Katz - Meridian Capital Group
  • Tenant's Representative: Benjamin Zone - Meridian Capital Group

The transaction involved key representatives from Meridian Capital Group, with Noam Aziz and Shaya Katz acting as the landlord's representatives while Benjamin Zone represented the tenant. This collaboration facilitated the lease agreement between the parties involved.

Players

Noam Aziz

Meridian Capital Group

Broker

$900K

vol

231 deals

Broker
Meridian Capital Group
Meridian Capital GroupBrokerage

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

311039.22%

Cash-on-Cash

-88895.96%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93