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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

Tenant Credit Quality

Radio Bakery is a well-capitalized, growing Brooklyn-based F&B concept with demonstrated consumer demand and expanding retail footprint, reducing default risk.

F&B Operational Risk

Food & beverage tenants typically exhibit higher failure rates, elevated TI costs, and operational complexity compared to retail or service tenants.

Landlord Track Record

Jack Cohen's 11 recorded deals and $264.7M transaction volume demonstrate experienced retail landlord management with no distress indicators.

Submarket Fundamentals

Meatpacking District is Manhattan's most resilient retail submarket with $125–$175/SF asking rents; $135/SF is well-positioned within current market conditions.

Data Opacity

Unknown buyer and seller identities, missing loan amount, and absent lease terms limit underwriting depth and confidence in deal validation.

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.

Obtain Lease Full Terms & Tenant Financials

Secure copies of tenant's last 3 years of tax returns, balance sheet, and lease guarantor documentation to verify Radio Bakery's liquidity and creditworthiness.

+8-12 points

Clarify Landlord Financing & Loan Structure

Identify loan amount, terms, lender, and any subordination or mezzanine financing to assess capital stack stability and refinance risk.

+6-8 points

Document Tenant Improvement Caps & Holdback Reserves

Confirm TI allowance, completion guarantees, and any rental abatement periods to mitigate landlord exposure during buildout and pre-revenue phases.

+5-7 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
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