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45 East 34th Street

Yun Kim Of DK Partners Leases Retail Space To Psychic At 45 East 34th Street
LEASEDRetail

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

John Roesch

Meridian Capital Group

Broker

97 deals

Broker
Meridian Capital Group
Meridian Capital GroupBrokerage

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