Liebert Psychological Services Leases Retail Space At 585 West End Avenue With Meridian Capital Group
585 West End Avenue
$75
$75/SF
Building Size
1,000 SF
Asset Type
Retail
Closing
Oct 27, 2025
AI
The retail asset located at 585 West End Avenue in the Upper West Side features a lease type of Single Net Lease, offering 1,000 square feet of space. The asking rent is set at $75 per square foot, positioning it in a competitive market for retail businesses.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $75/ft
- Square Footage: 1,000 SF
- Address: 585 West End Avenue
- Market: Upper West Side
- Tenant: Liebert Psychological Services
- Tenant's Representative: Nathan Shabot & Benjamin Zone - Meridian Capital Group
- Landlord's Representative: Noam Aziz & Joseph Khojahiny - Meridian Capital Group
The lease transaction involves key representatives from Meridian Capital Group, with Nathan Shabot and Benjamin Zone acting for the tenant, while Noam Aziz and Joseph Khojahiny represent the landlord in the agreement.
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
211506.67%
Cash-on-Cash
-60449.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93