Bath & Body Works Leases 9,000 Square Feet Retail Space At 129 5th Avenue In Flatiron District
129 5th Avenue
Building Size
9,000 SF
Asset Type
Retail
Closing
Oct 12, 2026
About this deal
AI
The lease transaction involves a retail asset located at 129 5th Avenue in Manhattan’s Flatiron District, encompassing approximately 9,000 square feet across two levels. The transaction is part of the growing retail market in this area.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Address: 129 5th Avenue
- Market: Flatiron District
- Asset Size: 9,000 SF
- Landlord: Kenneth F. Bernstein - Acadia Realty Trust
- Tenant: Daniel Heaf - Bath & Body Works
- Brokers: Ariel Schuster, Michael Paster, Jeremy Ezra & Mai Shachi - Newmark
Bath & Body Works is set to open a new store in fall 2027 as part of this lease signed with Acadia Realty Trust. The brokers representing the deal play a significant role in facilitating this transaction in the competitive retail landscape.
On the Map
Retail
View full map
Players
Rochester Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Deal FAQ
Browse Rochester retail leases on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93