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160 5th Avenue

Cozey Signs 10-Year Lease For 10,146 SF Retail Space At 160 5th Avenue In Flatiron District
LEASED

Cozey Signs 10-Year Lease For 10,146 SF Retail Space At 160 5th Avenue In Flatiron District

160 5th Avenue

$400

Building Size

Asset Type

Closing

May 12, 2026

AI

The retail property located at 160 5th Avenue in Manhattan's Flatiron District has become the site of a significant lease transaction. The asking rent for the 10,146-square-foot space was set at $400 per square foot.

Summary of transaction details:

Cozey, a Canadian direct-to-consumer furniture brand founded in 2020, has secured a 10-year lease for its first permanent U.S. store at this location, marking a strategic expansion into the American market.

Players

Brandon Singer

Retail By Mona

Broker

$84.3M

vol

60 deals

Broker
C
CozeyBuyer
Michael Fuchs

Michael Fuchs

RFR

Landlord

$3.6B

vol

25 deals

Landlord
C
CozeyTenant

Rochester CRE Market Snapshot

Boundary boundary · CRE · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

39657.50%

Cash-on-Cash

-11334.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93