K&R Realty Management Leases Retail Space At 969 Columbus Avenue To PILATIBODI For $94/ft
969 Columbus Avenue
$94
$94/SF
Building Size
1,200 SF
Asset Type
Retail
Closing
Nov 23, 2025
AI
The property involved in this transaction is a retail asset located at 969 Columbus Avenue in the Upper West Side market. The lease is structured as a Single Net Lease with an asking rent of $94 per square foot for a total area of 1,200 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $94/ft
- Square Footage: 1,200
- Address: 969 Columbus Avenue
- Market: Upper West Side
- Landlord: K&R Realty Management
- Tenant: PILATIBODI
- Landlord's Representative: Noam Aziz & Ariel Ilian - Meridian Capital Group
The key individuals involved in this transaction include Noam Aziz and Ariel Ilian, who represent K&R Realty Management through Meridian Capital Group. This representation indicates their role in facilitating the lease agreement for the retail property to the tenant, PILATIBODI.
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
168755.32%
Cash-on-Cash
-48230.79%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93