Stellar Management Leases Retail Space To Spa Boutique For $162 Per Ft At 667 Columbus Avenue
667 Columbus Avenue
$162
$162/SF
Building Size
1,000 SF
Asset Type
Retail
Closing
Aug 17, 2026
About this deal
AI
The property involved in this transaction is a retail asset located at 667 Columbus Avenue in New York. The asking rent for this space is set at $162 per square foot with a total area of 1,000 square feet. The lease type is classified as a Single Net Lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $162/ft
- Square Footage: 1,000
- Address: 667 Columbus Avenue
- Market: New York
- Landlord: Stellar Management
- Tenant: Spa Boutique
- Brokers: James Famularo & Jordan Langer - Meridian Capital Group
The deal features James Famularo and Jordan Langer representing the landlord, Stellar Management, as the brokers involved in this transaction. Their expertise facilitated the leasing arrangement with tenant Spa Boutique.
On the Map
$162
$162/SF
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
97919.75%
Cash-on-Cash
-27985.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93