Cafe Hestia Leases 10,000 SF Retail Space At 570 Lexington Avenue For $150/ft
570 Lexington Avenue
$150
$150/SF
Building Size
10,000 SF
Asset Type
Retail
Closing
Aug 14, 2026
About this deal
AI
The retail asset involved in this transaction is located at 570 Lexington Avenue in Midtown East. It features a lease for 10,000 square feet with an asking rent of $150 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $150/ft
- Address: 570 Lexington Avenue
- Market: Midtown East
- Asset Type: Retail
- Landlord: The Feil Organization
- Tenant: Cafe Hestia
- Lease Type: Retail Lease
- Broker Representatives: Jack Khaski, Albert Manopla & Hunter Lazan - KSR
The deal was executed by The Feil Organization as the landlord, securing Cafe Hestia as the tenant. The brokers facilitating this transaction were Jack Khaski, Albert Manopla, and Hunter Lazan from KSR, representing the landlord in this lease agreement.
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
105753.33%
Cash-on-Cash
-30224.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93