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102 Fulton Street

Luckin Coffee Leases Retail Space At 102 Fulton Street With Landlord Matt Rowe Of HUBB
LEASEDRetail

Luckin Coffee Leases Retail Space At 102 Fulton Street With Landlord Matt Rowe Of HUBB

102 Fulton Street

$200

$200/SF

Building Size

1,200 SF

Asset Type

Retail

Closing

Dec 1, 2025

AI

The property involved in this transaction is a retail space located at 102 Fulton Street in the Financial District (FiDi). The asking rent for this space is $200 per square foot, encompassing a total of 1,200 square feet.

Summary of transaction details:

The individuals representing the landlord in this transaction are Andrew Stern and Ross Berkowitz from Newmark. The tenant, Luckin Coffee, is represented by David Green and Albert Halawani of KSR.

Players

Albert Halawani

Kassin Sabbagh Realty

Broker

$445M

vol

49 deals

Broker
HUBB NYC
HUBB NYCLandlord

New York Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

79315.00%

Cash-on-Cash

-22668.47%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93