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250 West 49th Street

Cheskel Schwimmer Leases 2,500 SF Retail Space To Barolo East In Manhattan For $210/ft
LEASEDRetail

Cheskel Schwimmer Leases 2,500 SF Retail Space To Barolo East In Manhattan For $210/ft

250 West 49th Street

$210

$210/SF

Building Size

2,500 SF

Asset Type

Retail

Closing

Jul 6, 2026

AI

The property asset involved in this transaction is a retail space located at 250 West 49th Street in the Manhattan market. The lease agreement is structured as a Single Net Lease with an asking rent of $210 per square foot, covering an area of 2,500 square feet.

Summary of transation details:

Key individuals in this lease transaction include Cheskel Schwimmer, representing the landlord, and Barolo East as the tenant. The brokerage team from Meridian Capital Group, comprising Noam Aziz and Carson Shahrabani, facilitated the deal.

Players

Noam Aziz

Meridian Capital Group

Broker

$900K

vol

246 deals

Broker

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

75538.10%

Cash-on-Cash

-21589.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93