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124 Macdougal Street

Jakobson Properties Leases Retail Space To Ramovecchi & Co Corp At 124 Macdougal Street
LEASEDRetail

Jakobson Properties Leases Retail Space To Ramovecchi & Co Corp At 124 Macdougal Street

124 Macdougal Street

$166

$166/SF

Building Size

300 SF

Asset Type

Retail

Closing

Jan 10, 2026

AI

The asset involved in this transaction is a retail space located at 124 Macdougal Street in the Greenwich Village market. The property has a lease type classified as a Single Net Lease and has an asking rent of $166 per square foot for a total space of 300 square feet.

Summary of transation details:

  • Property Type: Retail
  • Transaction Amount: $166/ft
  • Square Footage: 300
  • Address: 124 Macdougal Street
  • Market: Greenwich Village
  • Landlord: Jakobson Properties
  • Tenant: Ramovecchi & Co Corp
  • Landlord's Representative: James Famularo & Cole Kleppinger - Meridian Capital Group
  • Tenant's Representative: Will Sine - Meridian Retail Leasing

This transaction involves key representatives from Meridian Capital Group and Meridian Retail Leasing, with James Famularo and Cole Kleppinger representing the landlord, Jakobson Properties, while Will Sine represents the tenant, Ramovecchi & Co Corp.

Players

James Famularo

Meridian Capital Group

Broker

$11.4M

vol

362 deals

Broker
Meridian Capital Group
Meridian Capital GroupBrokerage

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

95560.24%

Cash-on-Cash

-27311.41%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93