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36 Little West 12th Street

Aubi & Ramsa Leases Retail Space At 36 Little West 12th Street In Meatpacking District With Brokers Carolina Aziz, Maddy Soffer & Ike Bibi - KSR
LEASEDRetail

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

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.

Players

Ike Bibi

Kassin Sabbagh Realty

Broker

$274.3M

vol

126 deals

Broker
RE
Romanoff EquitiesLandlord

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