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2936 Third Avenue

Yaakov Levy Purchases Retail Property From Feldman Family Through Broker Jack Sardar For $3.3M
SOLDRetail

Yaakov Levy Purchases Retail Property From Feldman Family Through Broker Jack Sardar For $3.3M

2936 Third Avenue

$3,300,000

$440/SF

Building Size

7,500 SF

Asset Type

Retail

Closing

Jul 2, 2026

AI

The property asset involved in the transaction is a retail space located at 2936 Third Avenue in the Bronx. The sale price for the asset was $3,300,000, and it encompasses a total square footage of 7,500, resulting in a price per square foot of $440.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $3,300,000
  • Address: 2936 Third Avenue
  • Market: Bronx
  • Square Footage: 7,500
  • Price per Square Foot: $440
  • Buyer: Yaakov Levy
  • Seller: Feldman Family
  • Buyer's Representative: Jack Sardar - Tri State Commercial Realty

The key individuals involved in the deal include the buyer, Yaakov Levy, and the seller, Feldman Family. The transaction was facilitated by the buyer's representative, Jack Sardar from Tri State Commercial Realty, who played a pivotal role in representing the buyer throughout the process.

Players

Jack Sardar

Tri State Commercial Realty

Broker

$62M

vol

28 deals

Broker

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

4.81%

Cash-on-Cash

-1.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93