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
About this deal
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.
On the Map
$160
$160/SF
Retail
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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
99143.75%
Cash-on-Cash
-28335.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93