Aubi & Ramsa Leases Retail Space At 36 Little West 12th Street In Meatpacking District With Brokers Carolina Aziz, Maddy Soffer & Ike Bibi - KSR
36 Little West 12th Street
$225
$225/SF
Building Size
1,100 SF
Asset Type
Retail
Closing
Oct 4, 2022
About this deal
AI
The retail property located at 36 Little West 12th Street in the Meatpacking District has been leased. The tenant, Aubi + Ramsa, has entered into an agreement with the landlord, Romanoff Equities represented by Stuart & Darryl Romanoff. The deal was facilitated by brokers Carolina Aziz, Maddy Soffer, and Ike Bibi from KSR. The property offers 1,100 square feet of space, with an asking rent of $225 per square foot.
Summary of transation details
- Property Type: Retail
- Tenant: Aubi + Ramsa
- Landlord: Romanoff Equities - Stuart & Darryl Romanoff
- Brokers: Carolina Aziz, Maddy Soffer & Ike Bibi - KSR
- Asking Rent: $225/ft.
- Square Footage: 1,100
The Meatpacking District retail lease transaction at 36 Little West 12th Street involved Aubi + Ramsa as the tenant and Romanoff Equities represented by Stuart & Darryl Romanoff as the landlord. The deal was successfully negotiated by Carolina Aziz, Maddy Soffer, and Ike Bibi from KSR. This transaction is a significant addition to the vibrant retail market in the Meatpacking District.
On the Map
$225
$225/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
70502.22%
Cash-on-Cash
-20149.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93