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145 East 32nd Street

Meyer Equities Leases Retail Space To Hydrogen Fitness At 145 East 32nd Street For $65/ft
LEASEDRetail

Meyer Equities Leases Retail Space To Hydrogen Fitness At 145 East 32nd Street For $65/ft

145 East 32nd Street

$65

$65/SF

Building Size

17,000 SF

Asset Type

Retail

Closing

Mar 17, 2026

AI

The retail asset involved in this transaction is located at 145 East 32nd Street in the Murray Hill neighborhood of Manhattan. The leased space spans 17,000 square feet, with an asking rent of $65 per square foot. The lease agreement is established for a term of 15 years.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $65/ft
  • Square Footage: 17,000
  • Lease Term: 15 Years
  • Address: 145 East 32nd Street
  • Market: Murray Hill, Manhattan
  • Landlord: Meyer Equities
  • Tenant: Hydrogen Fitness
  • Landlord's Representative: Thomas Capuano - Okada & Company
  • Tenant's Representatives: Cory Gahr & Josh Lebowitz - Lee & Associates

The transaction features key representatives, including Thomas Capuano from Okada & Company representing the landlord, Meyer Equities, and Cory Gahr alongside Josh Lebowitz from Lee & Associates representing the tenant, Hydrogen Fitness. Their involvement highlights the professional collaborations within the retail leasing sector of Manhattan.

Players

Thomas Capuano

Okada & Company

Broker

$2.6M

vol

25 deals

Broker
Meyer Equities
Meyer EquitiesLandlord
Hydrogen Fitness
Hydrogen FitnessTenant

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

244046.15%

Cash-on-Cash

-69749.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93