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:
- Property Type: Retail
- Transaction Amount: $84/ft
- Address: 664 Sixth Avenue
- Market: Flatiron District, Manhattan
- Landlord: Bedrock Property Management
- Tenant: Japanese Hair Salon
- Landlord's Representative: Jacob Mayer, James Famularo & Craig Adamson - Meridian Capital Group
- Tenant's Representative: Marcelo Demoraes - Meridian Capital Group
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
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