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:
- Property Type: Retail
- Transaction Amount: $200/ft
- Address: 102 Fulton Street
- Market: FiDi
- Landlord: Matt Rowe - HUBB
- Tenant: Luckin Coffee
- Landlord's Representative: Andrew Stern & Ross Berkowitz - Newmark
- Tenant's Representative: David Green & Albert Halawani - KSR
- Lease Type: Retail Lease
- Square Footage: 1,200
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
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