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
New York Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
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