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250 West 106th Street

Michael Rose Leases Retail Space To Grassroots Fitness On Upper West Side For $90/SF
LEASEDRetail

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

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.

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

176255.56%

Cash-on-Cash

-50374.38%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93