T Shirt Shoppe, Lori Kassin Fine Jewels & Bloom Bar Lease Retail Space On Upper East Side
1226 3rd Avenue
$150
$150/SF
Building Size
4,083 SF
Asset Type
Retail
Closing
Jan 1, 2026
About this deal
AI
This retail asset is located at 1226 3rd Avenue in the Upper East Side. The lease transaction involves an asking rent of $150 per square foot for a total area of 4,083 square feet. The lease term is set for 10 years, and it falls under the category of a Retail Lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $150/ft
- Lease Term: 10 years
- Asset Address: 1226 3rd Avenue
- Market: Upper East Side
- Landlord: Townsend House
- Tenant: T Shirt Shoppe, Lori Kassin Fine Jewels & Bloom Bar
- Landlord's Representative: Andrew Taub & Jennifer Bernstein - Newmark
- Tenant's Representative: Amanda Lagowitz - RTL Real Estate
In this transaction, the parties involved include the landlord Townsend House, represented by Andrew Taub and Jennifer Bernstein from Newmark. The tenant, consisting of T Shirt Shoppe, Lori Kassin Fine Jewels & Bloom Bar, is represented by Amanda Lagowitz from RTL Real Estate.
On the Map
$150
$150/SF
Retail
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Players
New York 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
105753.33%
Cash-on-Cash
-30224.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93