Hunter Market Leases Retail Space At 1018 Lexington Avenue In New York City
1018 Lexington Avenue
$170
$170/SF
Building Size
2,200 SF
Asset Type
Retail
Closing
Jan 1, 2023
About this deal
AI
The retail property located at 1018 Lexington Avenue in New York City has recently been leased. The tenant, Hunter Market, has entered into a lease agreement with the landlord, Hubb NYC. The leasing transaction was facilitated by broker Claude Kolb from KSR.
Summary of transaction details
- Property Type: Retail
- Asking Rent: $170 per square foot
- Total Square Footage: 2,200
- Date of Lease: 01/01/2023
- Address: 1018 Lexington Avenue, New York City
Hunter Market will be occupying the retail space, which spans 2,200 square feet. The lease agreement was reached on 01/01/2023, and the property is located at 1018 Lexington Avenue in New York City. The landlord, Hubb NYC, was represented by Claude Kolb from KSR.
Players
New York City Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
93311.76%
Cash-on-Cash
-26668.79%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93