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1226 3rd Avenue

Updated Sep 28, 2026

T Shirt Shoppe, Lori Kassin Fine Jewels & Bloom Bar Lease Retail Space On Upper East Side
LEASEDRetail

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:

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

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$150

$150/SF

Retail

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Players

Jennifer Bernstein

Current Real Estate Advisors

Broker

7 deals

Broker
Townsend House
Townsend HouseLandlord
Bloom Bar
Bloom BarTenant
Bilt advertisement

New York Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

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Deal FAQ

About $150 per square foot on a published $150 for 4,083 square feet (2026).

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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

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