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3427 Jerome Avenue

Yoyo Chicken Signs Lease At 3427 Jerome Avenue Bronx With Landlord JJ Operating Inc
LEASEDRetail

Yoyo Chicken Signs Lease At 3427 Jerome Avenue Bronx With Landlord JJ Operating Inc

3427 Jerome Avenue

$80

$80/SF

Building Size

1,200 SF

Asset Type

Retail

Closing

Nov 30, 2025

AI

The property asset involved in this transaction is a retail space located at 3427 Jerome Avenue in the Bronx. The space encompasses a total of 1,200 square feet and features a modified gross lease. The landlord, JJ Operating Inc., has set the asking rent at $80 per square foot.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $80/ft
  • Square Footage: 1,200
  • Address: 3427 Jerome Avenue
  • Market: Bronx
  • Lease Type: Modified Gross Lease
  • Landlord: JJ Operating Inc.
  • Tenant: Yoyo Chicken
  • Brokers: Josh Augenbaum & Murray Mizrachi - Augenbaum Realty

The deal features the collaboration of brokers Josh Augenbaum and Murray Mizrachi, who represent the interests of the parties involved in the leasing arrangement. Both brokers are affiliated with Augenbaum Realty, reflecting a commitment to facilitating this transaction in the retail marketplace.

Players

Josh Augenbaum

Augenbaum Realty

Broker

$655M

vol

144 deals

Broker
Augenbaum Realty
Augenbaum RealtyBrokerage

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

198287.50%

Cash-on-Cash

-56671.18%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93