Yun Kim Of DK Partners Leases Retail Space To Psychic At 45 East 34th Street
45 East 34th Street
$65
$65/SF
Building Size
2,300 SF
Asset Type
Retail
Closing
Jul 15, 2025
AI
The property asset involved in the lease transaction is a retail space located at 45 East 34th Street in the Murray Hill market. The asking rent for the space is set at $65 per square foot, with a total area of 2,300 square feet. The lease type associated with this property is a Modified Gross Lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $65/ft
- Lease Type: Modified Gross Lease
- Landlord: Yun Kim - DK Partners
- Tenant: Psychic
- Brokers: John Roesch & Mariko Tanaka - Meridian Capital Group
This lease transaction was facilitated by brokers John Roesch and Mariko Tanaka from Meridian Capital Group, who represented the landlord and the tenant in the agreement. The involvement of these brokers highlights their role in the execution of this transaction within the retail space market.
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
244046.15%
Cash-on-Cash
-69749.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93