Manocherian Brothers Lease 6,000 SF Retail Space To Olio E Più At 1132 Broadway
1132 Broadway
$250
$250/SF
Building Size
6,000 SF
Asset Type
Retail
Closing
Oct 9, 2026
About this deal
AI
The asset involved is a retail property located at 1132 Broadway in the NoMad market. The lease agreement involves a space of 6,000 square feet with an asking rent of $250 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $250/ft
- Address: 1132 Broadway
- Market: NoMad
- Landlord: Manocherian Brothers
- Tenant: Olio e Più
- Landlord's Representative: Gary Alterman - Newmark
- Tenant's Representatives: Jack Khaski, Hunter Lazan & Morris Farca - KSR
- Lease Type: Retail Lease
Gary Alterman represents the landlord, while Jack Khaski, Hunter Lazan, and Morris Farca collectively represent the tenant in this transaction, indicating a collaboration among multiple representatives in the deal.
On the Map
$250
$250/SF
Retail
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Players
New York Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
63452.00%
Cash-on-Cash
-18134.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93