LEASEDRetail
Yecheskel Geller Leases Retail Space To Brow Heaven At 963 Ogden Avenue For $60/ft
963 Ogden Avenue
$60
$60/SF
Building Size
1,000 SF
Asset Type
Retail
Closing
Jul 6, 2026
AI
This transaction involves a retail asset located at 963 Ogden Avenue in the Bronx, consisting of a lease arrangement. The asking rent is set at $60 per square foot for a total area of 1,000 square feet. The lease type is classified as a Single Net Lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $60/ft
- Square Footage: 1,000
- Address: 963 Ogden Avenue
- Market: Bronx
- Landlord: Yecheskel Geller
- Tenant: Brow Heaven
- Landlord's Representative: Noam Aziz & Jason Berisha - Meridian Retail Leasing
- Tenant's Representative: Stephen Ligambi - Meridian Capital Group
- Lease Type: Single Net Lease
The deal was represented by Noam Aziz and Jason Berisha from Meridian Retail Leasing on behalf of the landlord Yecheskel Geller, while Stephen Ligambi from Meridian Capital Group represented the tenant Brow Heaven.
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