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956 Lexington Avenue

Updated Oct 28, 2024

Bleu Ciel Salon Signs Lease At 956 Lexington Avenue In New York
LEASEDRetail

Bleu Ciel Salon Signs Lease At 956 Lexington Avenue In New York

956 Lexington Avenue

$110

$110/SF

Building Size

1,800 SF

Asset Type

Retail

Closing

Nov 1, 2022

About this deal

AI

The retail space located at 956 Lexington Avenue in New York has been leased by Bleu Ciel Salon. The property, owned by Direct Property Management, spans approximately 1,800 square feet.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: N/A
  • Market: New York

The lease transaction was facilitated by James Famularo and Evan Roteman of Meridian Capital Group, who represented Bleu Ciel Salon. There is no information available about the asking rent or any additional details regarding the deal.

Players

James Famularo

Meridian Capital Group

Broker

$11.4M

vol

376 deals

Broker
DM
Direct Property ManagementLandlord

New York Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

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Deal FAQ

About $110 per square foot on a published $110 for 1,800 square feet (2022).

Visit Evan Roteman to view all their deals.

Browse New York retail leases on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

144209.09%

Cash-on-Cash

-41215.40%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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