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159 Columbus Avenue

Updated Mar 11, 2026

The Brodsky Organization Leases Retail Space To Lucia Pizza At 159 Columbus Avenue
LEASEDRetail

The Brodsky Organization Leases Retail Space To Lucia Pizza At 159 Columbus Avenue

159 Columbus Avenue

$315

$315/SF

Building Size

869 SF

Asset Type

Retail

Closing

Feb 10, 2026

About this deal

AI

The property asset involved in this transaction is a retail space located at 159 Columbus Avenue in the Upper West Side market. The asking rent is set at $315 per square foot for a total square footage of 869. The lease type is a Modified Gross Lease.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $315/ft
  • Square Footage: 869
  • Address: 159 Columbus Avenue
  • Market: Upper West Side
  • Landlord: The Brodsky Organization
  • Tenant: Lucia Pizza
  • Tenant's Rep: Michael Shkreli & Noah Rose - RTL Real Estate

This transaction highlights the roles of the landlord, The Brodsky Organization, and tenant, Lucia Pizza. Representing the tenant in this deal are Michael Shkreli and Noah Rose from RTL Real Estate, who played a significant part in facilitating the lease agreement.

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$315

$315/SF

Retail

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Players

Michael Shkreli

RTL Real Estate

Broker

$19M

vol

6 deals

Broker
TO
The Brodsky OrganizationLandlord
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New York Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

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Deal FAQ

About $315 per square foot on a published $315 for 869 square feet (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

50358.73%

Cash-on-Cash

-14392.68%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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