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1210 Webster Avenue

Muhammed Andha Purchases Retail Asset At 1210 Webster Avenue Bronx For $4 Million With Brokers Jonathan Squires Josh Neustadter & Austin Weiner
SOLDRetail

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:

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

Josh Neustadter

Cushman & Wakefield

Broker

$545.5M

vol

60 deals

Broker
Cushman & Wakefield
Cushman & WakefieldBrokerage

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