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17 Ann Street

Yuki Lang Leases Retail Space To Dong Bei At 17 Ann Street In Financial District
LEASEDRetail

Yuki Lang Leases Retail Space To Dong Bei At 17 Ann Street In Financial District

17 Ann Street

$138

$138/SF

Building Size

835 SF

Asset Type

Retail

Closing

Oct 6, 2025

AI

The asset involved in this transaction is a retail space located at 17 Ann Street in the Financial District. The property encompasses a total of 1,000 square feet, with an asking rent of $138 per square foot. The lease type agreed upon is a Single Net Lease.

Summary of transaction details:

Key individuals involved in this transaction include Yuki Lang as the landlord and Dong Bei as the tenant. The landlord's interests were represented by the team at Meridian Capital Group, comprising John Roesch, Jessica Blocker, Griffin Hanes, and Ashlyn Lorentz. The tenant was represented by Benjamin Namdar and David Green from KSR.

Players

John Roesch

Meridian Capital Group

Broker

97 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

114949.28%

Cash-on-Cash

-32852.86%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93