K&R Realty Management Leases Retail Space At 969 Columbus Avenue To PILATIBODI For $94/ft
969 Columbus Avenue
Building Size
1,200 SF
Asset Type
Retail
Closing
Nov 23, 2025
About this deal
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.
On the Map
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
168755.32%
Cash-on-Cash
-48230.79%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93