Yair Levy Leases Retail Space To Sarah Poplowski Pilates At 55 West 28th Street
55 West 28th Street
$96
$96/SF
Building Size
1,200 SF
Asset Type
Retail
Closing
Nov 30, 2025
About this deal
AI
This retail asset is located at 55 West 28th Street in the NoMad market. The leased space spans 1,200 square feet and operates under a single net lease with an asking rent of $96 per square foot.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $96/ft
- Lease Type: Single Net Lease
- Landlord: Yair Levy
- Tenant: Sarah Poplowski Pilates
- Landlord's Representative: Jacob Mayer & James Famularo - Meridian Capital Group
- Tenant's Representative: Cole Kleppinger - Meridian Capital Group
This transaction was completed within a two-week timeframe from its market listing. The representatives from Meridian Capital Group facilitated the leasing process for both the landlord and tenant.
On the Map
$96
$96/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
165239.58%
Cash-on-Cash
-47225.98%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93