Classic Barber Shop NY Leases Retail Space At 954 Lexington Avenue In Lenox Hill, Manhattan
954 Lexington Avenue
$180
$180/SF
Building Size
300 SF
Asset Type
Retail
Closing
Sep 26, 2023
AI
The retail property located at 954 Lexington Avenue in Lenox Hill, Manhattan has recently been leased. The property is owned by Direct Property Manager and the tenant for this lease is Classic Barber Shop NY. The lease deal was facilitated by brokers Noam Aziz, Evan Roteman, and James Famularo of Meridian Capital Group. The asking rent for this space is $180 per square foot, with a total square footage of 300.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified in the CONTEXT
- Address: 954 Lexington Avenue, Lenox Hill, Manhattan
- Market: Lenox Hill, Manhattan
- Landlord: Direct Property Manager
- Tenant: Classic Barber Shop NY
- Brokers: Noam Aziz, Evan Roteman, James Famularo - Meridian Capital Group
- Asking Rent: $180 per square foot
- Square Footage: 300
No additional details have been provided in the CONTEXT regarding the key individuals involved or any other specific information related to this lease.
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
88127.78%
Cash-on-Cash
-25187.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93