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
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
311039.22%
Cash-on-Cash
-88895.96%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93