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552 Columbus Avenue

Effy's Cafe Leases Retail Space At 552 Columbus Avenue Represented By KSR In Upper West Side
SOLDRetail

Effy's Cafe Leases Retail Space At 552 Columbus Avenue Represented By KSR In Upper West Side

552 Columbus Avenue

$200

$0/SF

Building Size

1,800 SF

Asset Type

Retail

Closing

Jan 5, 2026

AI

The asset involved in the transaction is a retail property located at 552 Columbus Avenue in the Upper West Side market. The property encompasses approximately 1,800 square feet, with an asking rent of $200 per square foot.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $200/ft.
  • Address: 552 Columbus Avenue
  • Market: Upper West Side
  • Landlord: Nicholas Sackman, Alan Sackman & Alex Henderson - Sackman Enterprises
  • Tenant: Effy's Cafe
  • Brokers: Jack Khaski, Freddy Souid, Hunter Lazan & Albert Manopla - KSR
  • Square Footage: 1,800

The deal was represented by the landlord’s representatives from Sackman Enterprises, while KSR negotiated on behalf of the tenant, Effy's Cafe. The brokers involved in the transaction included Jack Khaski, Freddy Souid, Hunter Lazan, and Albert Manopla.

Players

Albert Manopla

Kassin Sabbagh Realty

Broker

$4.3M

vol

83 deals

Broker
Alex Henderson

Alex Henderson

Sackman Enterprises

Landlord

$85.5M

vol

7 deals

Landlord
EC
Effy's CafeTenant

New York Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

79315.00%

Cash-on-Cash

-22668.47%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93