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2681 Broadway

Roxann Management Leases 5,000 SF Retail Space To BeFit NYC On Upper West Side
LEASEDRetail

Roxann Management Leases 5,000 SF Retail Space To BeFit NYC On Upper West Side

2681 Broadway

$180

$180/SF

Building Size

6,000 SF

Asset Type

Retail

Closing

Sep 2, 2025

AI

The property asset involved in the transaction is located at 2681 Broadway in the Upper West Side market. It is categorized as a retail asset with a total square footage of 5,000. The asking rent for this property was set at $120 per square foot, with a lease term of 15 years. The landlord of the property is Roxann Management.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $120/ft
  • Lease Term: 15 years
  • Lease Type: Retail Lease
  • Landlord: Roxann Management
  • Tenant: BeFit NYC
  • Broker: Matthew Ball - Ripco

Matthew Ball from Ripco represented the landlord in this lease transaction, while BeFit NYC is expanding their presence on the Upper West Side with this new outpost, which is double the size of their existing location.

Players

Matthew Ball

Ripco

Broker

9 deals

Broker
RM
Roxann ManagementLandlord

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

88127.78%

Cash-on-Cash

-25187.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93