Tokyo Ichiban Foods Acquires Retail Condo At 325 Lexington Avenue From Jason Tillis And David Berley For $6.7M
325 Lexington Avenue
$6,700,000
$2,106/SF
Building Size
3,180 SF
Asset Type
Retail
Closing
Oct 9, 2025
AI
A 3,180-square-foot retail condo located at 325 Lexington Avenue in Murray Hill, Manhattan, has been sold for $6,700,000. The price translates to approximately $2,107 per square foot. The transaction was brokered by Walter & Samuels Inc., representing the seller.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $6,700,000
- Address: 325 Lexington Avenue
- Market: Murray Hill, Manhattan
- Buyer: Tokyo Ichiban Foods
- Seller: Jason Tillis & David Berley - Walter & Samuels Inc.
- Square Footage: 3,180
- Price per Square Foot: $2,107
Tokyo Ichiban Foods Co., Ltd. acquired the retail condo from sellers Jason Tillis and David Berley, who are affiliated with Walter & Samuels Inc. in this transaction.
Players
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
2.37%
Cash-on-Cash
-0.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93