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:
- Property Type: Retail
- Transaction Amount: $400/ft.
- Square Footage: 10,146
- Address: 160 5th Avenue
- Market: Flatiron District
- Landlord: Aby Rosen & Michael Fuchs
- Landlord's Representative: Matthew Schuss - JLL
- Tenant: Cozey
- Tenant's Representatives: Brandon Singer, Virginia Pittarelli, Manu Wendum, Suzanne Bernstock & Madison Grossman - Retail By Mona
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
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