Isaac Chera Of Crown Acquisitions Purchases Retail Property From Robert Johnson For $7M In Bronx
5536 Broadway & 5548 Broadway
$7,000,000
$736/SF
Building Size
9,500 SF
Asset Type
Retail
Closing
Sep 27, 2026
About this deal
AI
A 9,500-square-foot retail property located at 5536-5548 Broadway in Kingsbridge, Bronx, was sold for $7 million. The price per square foot for this transaction was $737. The deal was finalized on September 27, 2026.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $7,000,000
- Buyer: Isaac Chera - Crown Acquisitions
- Seller: Robert Johnson
- Square Footage: 9,500
- Price per Square Foot: $737
- Address: 5536-5548 Broadway
- Market: Kingsbridge, Bronx
- Date of Transaction: September 27, 2026
Isaac Chera represented Crown Acquisitions in the purchase from Robert Johnson, who was the seller in this transaction.
On the Map
$7,000,000
$736/SF
Retail
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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
2.27%
Cash-on-Cash
-0.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93