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32 East 67th Street

Hindman Secures 2,500-Square-Foot Retail Space At 32 East 67th Street In Lenox Hill, Manhattan
LEASEDRetail

Hindman Secures 2,500-Square-Foot Retail Space At 32 East 67th Street In Lenox Hill, Manhattan

32 East 67th Street

$10

$10/SF

Building Size

2,500 SF

Asset Type

Retail

Closing

Dec 8, 2023

AI

Auction house Hindman has secured a 2,500-square-foot space in a townhouse located at 32 East 67th Street in the Lenox Hill neighborhood of Manhattan. The property was leased from landlord Didier Aaron at an asking rent of $300,000 per year.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 32 East 67th Street
  • Market: Lenox Hill, Manhattan

The landlord, Didier Aaron, represented by Nicholas Judson & Wendy McDonald of Judson CRE, entered into the lease agreement with Hindman, the tenant. Hindman was represented by Matt Ogle of JLL.

It is worth noting that the leased space in the townhouse is 2,500 square feet and the asking rent for the property is $300,000 per year.

Players

Nicholas Judson

Judson CRE

Broker

$43.9M

vol

13 deals

Broker

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

1586300.00%

Cash-on-Cash

-453369.41%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93