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50 West 97th Street

Updated Oct 19, 2026

Stellar Management Leases Retail Space To Intravenous Infusion Therapy At 50 West 97th Street
LEASEDRetail

Stellar Management Leases Retail Space To Intravenous Infusion Therapy At 50 West 97th Street

50 West 97th Street

$125

$125/SF

Building Size

900 SF

Asset Type

Retail

Closing

Sep 29, 2026

About this deal

AI

The property involved in this lease transaction is located at 50 West 97th Street - Suite 01C in the Upper West Side market. It is characterized as a retail asset with a lease type classified as a Single Net Lease. The asking rent for the space is $125 per square foot, with a total square footage of 900.

Summary of transaction details:

This lease transaction was represented by Jordan Langer and James Famularo, who are affiliated with Meridian Capital Group. Their involvement highlights the brokerage's role in facilitating the deal between the landlord and tenant, specifically in the context of the retail space leased in the Upper West Side area.

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$125

$125/SF

Retail

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Players

James Famularo

Meridian Capital Group

Broker

$11.4M

vol

387 deals

Broker
Stellar Management
Stellar ManagementLandlord
Bilt advertisement

New York Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

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Deal FAQ

About $125 per square foot on a published $125 for 900 square feet (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

126904.00%

Cash-on-Cash

-36269.55%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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