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

Property Image
SOLD
$13,000,000

New York

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Retail5,400 SF
Sold 12/24/2025
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Property Image
SOLD

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

1325 Lexington Avenue

See Similar Deals
Retail5,400 SF
Sold 12/24/2025
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$2,407
Total Square Footage:5,400 SF
Transaction Type:Sale

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
Josh Aryeh
3 deals$10.6M volume(201) 898-0339
BROKER
Josh Aryeh
Josh Aryeh
3 deals$10.6M volume(201) 898-0339
BROKER
HR
Heritage Realty
BROKERAGE
HR
Heritage Realty
SELLER

Details

SOLD
IMAGE: Isaac Aryeh & Josh Aryeh DATE: 12/24/2025 ADDRESS: 1311-1337 Lexington Avenue MARKET: Manhattan ASSET TYPE: Retail SELLER: Isaac Aryeh (@IsaacAryeh) - Heritage Realty SELLER'S REP: Josh Aryeh (@BatmanRealAccount) SALE PRICE: $13,000,000 SF: 5,400 ~ PPSF: $2,407 NOTE FROM SELLER: Heritage Realty acquired 1311-1337 Lexington Avenue in September 2024 for a total acquisition price of $9,500,000. Heritage Realty is actively pursuing acquisitions and distressed debt opportunities in Manhattan. Reach out to [email protected] with any opportunities or inquiries.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$693,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$46,186.27
Cash-on-Cash Return-1.27%
Monthly Debt Service$61,626.63
Annual Debt Service$739,519.59