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664 Sixth Avenue

Japanese Hair Salon Leases Retail Space At 664 Sixth Avenue For $84/ft In Flatiron District
LEASEDRetail

Japanese Hair Salon Leases Retail Space At 664 Sixth Avenue For $84/ft In Flatiron District

664 Sixth Avenue

$84

$84/SF

Building Size

1,000 SF

Asset Type

Retail

Closing

Jul 9, 2026

AI

The leased property is located at 664 Sixth Avenue in the Flatiron District of Manhattan. It is a retail asset with a total area of 1,000 square feet. The asking rent for this space is set at $84 per foot under a Single Net Lease agreement.

Summary of transaction details:

This transaction involved key representatives from Meridian Capital Group who assisted in the negotiation and execution of the lease agreement. Jacob Mayer, James Famularo, and Craig Adamson represented Bedrock Property Management, while Marcelo Demoraes represented the Japanese Hair Salon, ensuring a successful arrangement between the landlord and tenant.

Players

James Famularo

Meridian Capital Group

Broker

$11.4M

vol

371 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

188845.24%

Cash-on-Cash

-53972.55%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93