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111 Fulton Street

Mark Kesler Leases Retail Space To Teriyaki One At 111 Fulton Street For $160/ft
LEASEDRetail

Mark Kesler Leases Retail Space To Teriyaki One At 111 Fulton Street For $160/ft

111 Fulton Street

$160

$160/SF

Building Size

2,609 SF

Asset Type

Retail

Closing

Jul 9, 2026

AI

This retail asset is located at 111 Fulton Street in the Financial District. The property encompasses a total square footage of 2,609 and is structured under a Single Net Lease with an asking rent of $160 per square foot.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $160/ft
  • Square Footage: 2,609
  • Address: 111 Fulton Street
  • Market: Financial District
  • Landlord: Mark Kesler
  • Tenant: Teriyaki One
  • Brokers: Sunanne Zhu, Mathiew Wilson & Shiyun Shang - Alignment Realty

The transaction involved key parties including the landlord, Mark Kesler, and the tenant, Teriyaki One. The brokerage representation came from Sunanne Zhu, Mathiew Wilson, and Shiyun Shang, who are associated with Alignment Realty.

Players

Sunanne Zhu

Alignment Realty

Broker

$20.9M

vol

13 deals

Broker

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

99143.75%

Cash-on-Cash

-28335.59%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93