Willis Food Market Leases Retail Space At 514 Willis Avenue Bronx For $120 Per SF
514 Willis Avenue
$120
$120/SF
Building Size
1,000 SF
Asset Type
Retail
Closing
Aug 6, 2026
About this deal
AI
The property asset involved in this transaction is a retail lease located at 514 Willis Avenue in the Bronx. The asset has a square footage of 1,000 and the asking rent is set at $120 per square foot.
Summary of transaction details:
- Property Type: Retail Lease
- Transaction Amount: $120/ft
- Address: 514 Willis Avenue
- Market: Bronx
- Landlord: Anna Tran
- Tenant: Willis Food Market
- Brokers: Solomon Sharaby, David Sabbagh & Ezra Falack - KSR
- Lease Type: Retail Lease
The key individuals involved in this deal include the landlord Anna Tran and the tenant Willis Food Market. The transaction was represented by brokers Solomon Sharaby, David Sabbagh, and Ezra Falack from KSR, who facilitated the lease agreement between both parties.
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
132191.67%
Cash-on-Cash
-37780.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93