Jonathan Babakhanov Purchases Retail Asset From Yaakov Lefkowitz In Bronx For $1.55M
2737 Webster Avenue
$1,550,000
$310/SF
Building Size
5,000 SF
Asset Type
Retail
Closing
Sep 17, 2026
About this deal
AI
The retail property located at 2737 Webster Avenue in the Bronx was sold for a price of $1,550,000. The asset encompasses a total area of 5,000 square feet, resulting in a price per square foot of $310.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,550,000
- Buyer: Jonathan Babakhanov
- Seller: Yaakov Lefkowitz
- Brokers: Federico Mazzeo & Ariel Castellanos - Pinnacle Realty of New York
This transaction involved key individuals including Jonathan Babakhanov as the buyer and Yaakov Lefkowitz as the seller. The brokers representing the transaction were Federico Mazzeo and Ariel Castellanos from Pinnacle Realty of New York.
On the Map
$1,550,000
$310/SF
Retail
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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
10.23%
Cash-on-Cash
-2.92%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93