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1325 Lexington Avenue

Heritage Realty Sells Retail Property At 1311-1337 Lexington Avenue For $13 Million
SOLDRetail

Heritage Realty Sells Retail Property At 1311-1337 Lexington Avenue For $13 Million

1325 Lexington Avenue

$13,000,000

$2,407/SF

Building Size

5,400 SF

Asset Type

Retail

Closing

Dec 23, 2025

AI

The asset involved in this transaction is a retail property located at 1311-1337 Lexington Avenue in Manhattan, with a sale price of $13,000,000. The property encompasses 5,400 square feet, resulting in a price per square foot of $2,407.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $13,000,000
  • Address: 1311-1337 Lexington Avenue
  • Market: Manhattan
  • Square Footage: 5,400
  • Price Per Square Foot: $2,407
  • Seller: Isaac Aryeh - Heritage Realty
  • Seller's Representative: Josh Aryeh

Isaac Aryeh, representing Heritage Realty, acquired the property in September 2024 for a total acquisition price of $9,500,000. Heritage Realty is actively pursuing acquisitions and distressed debt opportunities in Manhattan. For inquiries or opportunities, interested parties may reach out to Isaac Aryeh via email at [email protected].

Players

Josh Aryeh

Heritage Realty

Broker

$10.6M

vol

3 deals

Broker
HR
Heritage RealtyBrokerage
HR
Heritage RealtySeller

New York Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.22%

Cash-on-Cash

-0.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93