Lexington Realty Leases Retail Space To Chu Ros Thai NYC At 1621 Lexington Avenue In Harlem
1621 Lexington Avenue
$130
$130/SF
Building Size
1,200 SF
Asset Type
Retail
Closing
Nov 30, 2025
About this deal
AI
The retail space located at 1621 Lexington Avenue, Harlem, has an asking rent of $130 per square foot for a total of 1,200 square feet. The asset type is retail, and it is under a Modified Gross Lease with a lease term of 10 years.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $130/ft
- Address: 1621 Lexington Avenue
- Market: Harlem
- Landlord: Lexington Realty
- Tenant: Chu Ros Thai NYC
- Broker: Aryeh Vilinsky - Tahari Realty
- Lease Term: 10 Years
- Lease Type: Modified Gross Lease
- Square Footage: 1,200
The transaction was facilitated by Aryeh Vilinsky of Tahari Realty, who represented the landlord, Lexington Realty. The retail space was secured by Chu Ros Thai NYC as part of its expansion strategy in New York City, highlighting the negotiating success of Tahari Realty’s Leasing Division in landlord representation.
On the Map
$130
$130/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
122023.08%
Cash-on-Cash
-34874.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93