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969 Columbus Avenue

K&R Realty Management Leases Retail Space At 969 Columbus Avenue To PILATIBODI For $94/ft
LEASEDRetail

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

Noam Aziz

Meridian Capital Group

Broker

$900K

vol

231 deals

Broker
Meridian Capital Group
Meridian Capital GroupBrokerage

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