Moses Freund Of Vaja Group Leases Retail Space To Are Care Physical Therapy In Bronx For $60/ft
961 Westchester Avenue
$60
$60/SF
Building Size
3,500 SF
Asset Type
Retail
Closing
Oct 6, 2026
About this deal
AI
The property asset involved in the transaction is located at 961 Westchester Avenue in the Bronx. It is categorized as a retail asset and encompasses a total area of 3,500 square feet, with an asking rent of $60 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $210,000
- Landlord: Moses Freund - Vaja Group
- Tenant: Are Care Physical Therapy PC
- Brokers: Noam Aziz, Daniel Zacaim & Michael Escava - Meridian Capital Group
- Lease Type: Retail Lease
- Date: 10/06/2026
The brokers involved in this transaction are Noam Aziz, Daniel Zacaim, and Michael Escava, all representing the tenant in this lease agreement. The deal reflects the collaborative efforts of Meridian Capital Group in facilitating the leasing process.
On the Map
$60
$60/SF
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