T-Mobile And Tremont Pharmacy Lease 3,800 SF Retail Space At 909 East Tremont Avenue Bronx
909 East Tremont Avenue
Building Size
1,000 SF
Asset Type
Retail
Closing
Sep 1, 2026
About this deal
AI
The property asset involved in this transaction is a retail space located at 909 East Tremont Avenue in the Bronx, featuring a total square footage of 3,800. The asking rent for this space is set at $60 per square foot. The lease type for this transaction is classified as a retail lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $60/ft
- Address: 909 East Tremont Avenue
- Market: Bronx
- Asset Size: 3,800 SF
- Landlord: Steven Chera
- Tenant: T-Mobile (1,000 SF) & Tremont Pharmacy (2,800 SF)
- Landlord's Representative: Ezra Falack & Solomon Sharaby - KSR
- Additional Spaces Available: 2,050 SF and 800 SF
The transaction includes T-Mobile and Tremont Pharmacy as the tenants, occupying 1,000 square feet and 2,800 square feet respectively. The landlord is represented by Ezra Falack and Solomon Sharaby from KSR. Additionally, there is a note indicating that the ownership is also entertaining the potential sale of the property.
On the Map
Retail
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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
264383.33%
Cash-on-Cash
-75561.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93