Joe Kid Saloon Leases Retail Space From Landlord Brent Lipmen On Upper West Side
250 West 72nd Street
$120
$120/SF
Building Size
2,500 SF
Asset Type
Retail
Closing
Aug 1, 2026
About this deal
AI
The leased property is located at 250 West 72nd Street in the Upper West Side market. It is a retail asset with a square footage of 2,500 SF. The asking rent established for this location was $120 per foot.
Summary of transaction details:
- Property Type: Retail Lease
- Transaction Amount: $120/ft
- Address: 250 West 72nd Street
- Market: Upper West Side
- Landlord: Brent Lipmen
- Tenant: Joe Kid Saloon
- Brokers: Tyler Zar, Talia Zar & Moshe Schultz - Titan Group New York
- Lease Type: Retail Lease
- Square Footage: 2,500
This transaction marks the leasing of a longtime bar & restaurant space in the Upper West Side, facilitated after 90 days and over 40 tours. Titan Group represented both Brent Lipmen, the landlord, and Joe Kid Saloon, the tenant, throughout this deal. The tenant is led by an established NYC hospitality operator, ensuring continuity of the location's history as a neighborhood destination.
On the Map
$120
$120/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
132191.67%
Cash-on-Cash
-37780.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93