Michael Rose Leases Retail Space To Grassroots Fitness On Upper West Side For $90/SF
250 West 106th Street
$90
$90/SF
Building Size
2,800 SF
Asset Type
Retail
Closing
Jan 15, 2026
About this deal
AI
The property at 250 West 106th Street, located on the 2nd and 3rd floors, comprises retail space within the Upper West Side market. The total square footage of the lease is 2,800, with an asking rent set at $90 per square foot and categorized as a Single Net Lease.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $252,000
- Address: 250 West 106th Street (2nd & 3rd Floor)
- Market: Upper West Side
- Landlord: Michael Rose
- Tenant: Grassroots Fitness
- Landlord's Representative: James Famularo, Cory Rywalt & Kyle Fink - Meridian Capital Group
- Tenant's Representative: Colleen Koltick - MNS Real Estate
The transaction involves key representatives from various companies. The landlord is represented by James Famularo, Cory Rywalt, and Kyle Fink from Meridian Capital Group, while the tenant's interests are represented by Colleen Koltick from MNS Real Estate.
On the Map
$90
$90/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
176255.56%
Cash-on-Cash
-50374.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93