Hero’s Journey Leases 17,941 Square Feet At CIM Group’s 225 Fifth Avenue In Flatiron District
225 5th Avenue
Building Size
17,941 SF
Asset Type
Retail
Closing
Jan 12, 2026
AI
The asset involved in the transaction is a retail property located at 225 5th Avenue in Manhattan’s Flatiron District. This property encompasses a total square footage of 17,941. The landlord for this asset is CIM Group.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Square Footage: 17,941
- Address: 225 5th Avenue
- Market: Flatiron District
- Landlord: CIM Group
- Tenant: Hero’s Journey
- Brokers: Cassie Durand & Aylin Gucalp - CBRE
Hero’s Journey signed the lease at the specified retail asset, marking its entry into the U.S. market. The brokers representing the deal are Cassie Durand and Aylin Gucalp from CBRE.
Players
Brooklyn 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93