Heritage Affordable Communities Leases Retail Space To Bean Bar At 6 East 125th Street
6 East 125th Street
Building Size
1,600 SF
Asset Type
Retail
Closing
Oct 20, 2026
About this deal
AI
The property asset involved in the transaction is a retail space located at 6 East 125th Street in the Manhattan market. The lease type for this asset is a retail lease, with an asking rent of $78 per square foot for a total of 1,600 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $78/ft
- Address: 6 East 125th Street
- Market: Manhattan
- Landlord: Heritage Affordable Communities
- Tenant: Bean Bar
- Landlord's Representative: Noam Aziz & Alec Namdar - Meridian Capital Group
- Tenant's Representative: Josh Vilinsky - Centerstone Properties
Key individuals involved in the deal include Noam Aziz and Alec Namdar, who represent the landlord, and Josh Vilinsky, who represents the tenant. This representation was a crucial part of facilitating the retail lease agreement.
On the Map
Retail
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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
182333.33%
Cash-on-Cash
-52111.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93