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
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.
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
50358.73%
Cash-on-Cash
-14392.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93