By The Way Bakery Renews Retail Lease At 2440 Broadway Upper West Side For 5 Years
2440 Broadway
$176
$176/SF
Building Size
750 SF
Asset Type
Retail
Closing
Mar 18, 2026
AI
The property involved in this lease transaction is located at 2440 Broadway in the Upper West Side, designated as a retail asset. The asking rent is set at $176 per square foot, covering a space of 750 square feet. The lease term is established for a duration of 5 years, categorizing it as a retail lease.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $176/ft
- Lease Term: 5 Years
- Landlord: Roxann Management
- Tenant: By The Way Bakery
- Broker: Matthew Ball - Ripco
Matthew Ball, representing Ripco, facilitated the lease renewal for By The Way Bakery, reaffirming their commitment to the space for an additional 5 years.
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
90130.68%
Cash-on-Cash
-25759.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93