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812 West Fordham Road

Elin Spring Leases Retail Space To The Wok Chinese Kitchen For $90 Per Foot In Bronx
LEASEDRetail

Elin Spring Leases Retail Space To The Wok Chinese Kitchen For $90 Per Foot In Bronx

812 West Fordham Road

$90

$90/SF

Building Size

1,800 SF

Asset Type

Retail

Closing

Apr 20, 2026

AI

The property asset involved in the transaction is located at 8-12 West Fordham Road in the Bronx. It is a retail property with an asking rent of $90 per square foot and a total square footage of 1,800. The lease type for this transaction is a Single Net Lease.

Summary of transation details:

  • Property Type: Retail
  • Transaction Amount: $162,000
  • Landlord: Elin Spring
  • Tenant: The Wok Chinese Kitchen
  • Brokers: Noam Aziz & Daniel Zacaim - Meridian Capital Group
  • Date of Transaction: 4/21/2026

Noam Aziz and Daniel Zacaim are the brokers representing this lease transaction, affiliated with Meridian Capital Group, overseeing the agreement between the landlord Elin Spring and tenant The Wok Chinese Kitchen.

Players

Noam Aziz

Meridian Capital Group

Broker

$900K

vol

246 deals

Broker

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

176255.56%

Cash-on-Cash

-50374.38%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93