Muhammed Andha Purchases Retail Asset At 1210 Webster Avenue Bronx For $4 Million With Brokers Jonathan Squires Josh Neustadter & Austin Weiner
1210 Webster Avenue
$4,000,000
$640/SF
Building Size
6,250 SF
Asset Type
Retail
Closing
Jul 29, 2025
AI
The property asset involved in this transaction is a retail space located at 1210 Webster Avenue in the Bronx. The sale price of the asset was $4,000,000, with a total square footage of 6,250, resulting in a price per square foot of $640.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,000,000
- Buyer: Muhammed Andha
- Seller: BNS Real Estate
- Brokers: Jonathan Squires, Josh Neustadter & Austin Weiner - Cushman & Wakefield
- Date of Transaction: 7/30/2025
This transaction involved key representatives from Cushman & Wakefield, specifically Jonathan Squires, Josh Neustadter, and Austin Weiner, who played a significant role in facilitating the sale between the buyer and the seller.
Players
Bronx Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93