Hydrogen Fitness Leases Retail Space At 145 East 32nd Street Murray Hill New York For $70/ft
145 East 32nd Street
$70
$70/SF
Building Size
25,000 SF
Asset Type
Retail
Closing
Mar 20, 2026
AI
The property asset involved in this transaction is a retail space located at 145 East 32nd Street in the Murray Hill neighborhood of Manhattan. The lease type is a modified gross lease with an asking rent of $70 per square foot for a total area of 25,000 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $70/ft
- Address: 145 East 32nd Street
- Market: Murray Hill, Manhattan
- Landlord: Meyer Equities
- Tenant: Hydrogen Fitness
- Landlord's Representatives: Christopher (Chris) Okada, Elena Ivanova, Thomas Capuano - Okada & Company
- Lease Type: Modified Gross Lease
The key individuals involved in the deal include Christopher (Chris) Okada, Elena Ivanova, and Thomas Capuano, who are the representatives for the landlord, Meyer Equities, through the agency Okada & Company. These professionals were instrumental in facilitating the lease agreement with the tenant, Hydrogen Fitness.
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
226614.29%
Cash-on-Cash
-64767.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93