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18 West 37th Street

Updated Jul 10, 2026

Chesh Tang Spa Leases Office At 18 West 37th Street In Midtown South For $58/ft
LEASEDOffice

Chesh Tang Spa Leases Office At 18 West 37th Street In Midtown South For $58/ft

18 West 37th Street

$56

$56/SF

Building Size

1,300 SF

Asset Type

Office

Closing

Jul 3, 2026

About this deal

AI

This office lease transaction involves a location at 18 West 37th Street in Midtown South. The asking rent for this 1,300 square foot space is $58 per square foot, and the lease term is set for 5 years under a modified gross lease agreement.

Summary of transaction details:

AINEH Property Group announced the successful lease transaction for the space at 18 West 37th Street, executed in less than two weeks after being introduced to the market. The management team, consisting of Itai Khalili, Brian Ainehsazan, and Elliot Setareh, worked on finalizing this deal. Congratulations were extended to both the landlord and tenant for this successful agreement.

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$56

$56/SF

Office

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Players

Brian Ainehsazan

Aineh Property Group

Broker

11 deals

Broker
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New York Office Market Snapshot

Boundary boundary · Office · Lease transactions

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Deal FAQ

About $56 per square foot on a published $56 for 1,300 square feet (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

283267.86%

Cash-on-Cash

-80958.82%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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