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Homage

332 West 13th Street

HOMAGEB74CERTIFIED
Medium confidenceUp to 75% total LTV

332 West 13th Street

RetailLease

This is a straightforward retail lease in the Meatpacking District, one of Manhattan's most resilient and high-demand retail submarkets, where asking rents of $125–$175/SF are consistent with current market conditions, making the $135/SF ask well within range. Radio Bakery is a creditworthy and growing F&B tenant with strong brand recognition, though F&B tenants generally carry higher operational risk and tenant improvement costs relative to service or soft-goods retail. Landlord Jack Cohen demonstrates a solid track record with significant deal volume, and the brokerage team at KSR (Kassin Sabbagh Realty) is a reputable firm with active retail leasing presence across Manhattan. From a lending perspective, this lease supports meaningful stabilized income of approximately $375,705 annually at base rent, which on a core Meatpacking District asset would underpin solid collateral value. No distress, litigation, or lien indicators are present, and the overall deal quality is sound with moderate underwriting confidence given the absence of loan or sale price data.

Deal Stats

Asset TypeRetail
Transaction TypeLease
Total SF2,783 SF
Price / SF$135/SF
Deal DateMay 13, 2026
AI ConfidenceMedium
Track Record Score78/100
AI Deal Typelease
Deal InfoThe property asset involved in this transaction is a retail space located at 332 West 13th Street in the Meatpacking District. The lease agreement has an asking rent of $135 per square foot, with a total area of 2,783 square feet.

Parties

Seller / Landlord

Jack Cohen is an active NYC retail landlord with 11 recorded deals and $264.7M in transaction volume, reflecting deep experience in Manhattan retail leasing and a stable, creditworthy landlord profile with no noted distress indicators.

Buyer / Tenant

Radio Bakery (@RadioBakeryNYC) is a Brooklyn-originated artisan bakery concept with a growing retail footprint in high-foot-traffic NYC neighborhoods; their expansion into the Meatpacking District signals a well-capitalized F&B tenant with demonstrated brand momentum and consumer demand.

Score Analysis

Why this score

Prime Meatpacking District Location

One of Manhattan's most resilient and high-demand retail submarkets with consistent $125–$175/SF asking rents, positioning this $135/SF ask competitively within market range.

Creditworthy, Growth-Stage F&B Tenant

Radio Bakery demonstrates brand momentum, consumer demand, and capital availability across multiple NYC locations, reducing default risk for a well-capitalized operator.

Experienced, Stable Landlord

Jack Cohen's 11 recorded deals and $264.7M transaction volume reflect deep retail expertise, financial stability, and no distress indicators.

F&B Operational and TI Risk

Food & beverage tenants carry above-average operational risk, higher tenant improvement costs, and greater income volatility relative to service or soft-goods retail.

Limited Deal Transparency

Absence of loan amount, actual lease terms, and financing data constrains underwriting confidence and prevents full risk assessment.

How to improve

The following actions could meaningfully improve this deal's Homage score. Each suggestion is based on the deal's profile, asset type, and current rating — addressing them before approaching a lender can increase approval likelihood and lower borrowing costs.

Secure Detailed Lease Documentation

Obtain full lease agreement with renewal options, escalation clauses, and tenant improvement allowances to validate income stability and capital requirements.

+8-12 points

Verify Radio Bakery Financial & Brand Metrics

Request audited financials, same-store sales trends, and unit economics across existing locations to quantify tenant credit strength and operational sustainability.

+6-10 points

Confirm Jack Cohen's Recent Deal Flow & Exit Pricing

Analyze his last 3–5 retail deals by location, rent achieved at renewal/sale, and tenant retention rates to validate landlord capability and asset appreciation potential.

+5-8 points
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Deals
New York
Retail
Lease
332 West 13th Street
Jack Cohen Leases 2,783 SF Retail Space To Radio Bakery In Meatpacking District For $135/ft
LEASED
$135
+ 1
2,783 SF
Leased 2 weeks ago
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Summary
NEW YORK
Asset Type:
Price Per Square Foot:
Total Square Footage:
Transaction Type:
The property asset involved in this transaction is a retail space located at 332 West 13th Street in the Meatpacking District. The lease agreement has an asking rent of $135 per square foot, with a total area of 2,783 square feet.
Summary of transaction details:
Property Type: Retail
Transaction Amount: $135/ft
Address: 332 West 13th Street
Market: Meatpacking District
Asset Type: Retail
Landlord: Jack Cohen
Tenant: Radio Bakery
Lease Type: Retail Lease
Brokers: Jack Khaski, Jacky Yedid & Albert Manopla - KSR
Key individuals involved in this transaction include landlord Jack Cohen and tenant Radio Bakery. The brokers representing the deal are Jack Khaski, Jacky Yedid, and Albert Manopla from KSR.
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Players
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Brokers
Landlords | Tenants
Albert Manopla
82 deals
$4.3M volume
(212) 380-8369
BROKER
Jack Khaski
43 deals
Jacky Yedid
8 deals
(646) 726-5122
JC
Jack Cohen
11 deals
$264.7M volume
LANDLORD
Details
Deal Summary
IMAGE: Jack Khaski, Jacky Yedid & Albert Manopla
DATE: 5/14/2026
ADDRESS: 332 West 13th Street
MARKET: Meatpacking District
ASSET TYPE: Retail
LANDLORD: Jack Cohen
TENANT: Radio Bakery (@RadioBakeryNYC)
BROKERS: Jack Khaski (@JackKhaski), Jacky Yedid (@Jacky_Yedid2) & Albert Manopla (@AlbertJManopla) - KSR (@Kassin_Sabbagh_Realty)
ASKING RENT: $135/ft ~ SF: 2,783
LEASE TYPE: Retail Lease
Email
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Jack Khaski, Albert Manopla, Jacky Yedid, Jack Cohen
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Effective Rent (Annual)
$430,703.68
Total Lease Value
$4,307,036.78
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