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:
- Property Type: Retail
- Transaction Amount: $138/ft
- Square Footage: 1,000
- Address: 17 Ann Street
- Market: Financial District
- Landlord: Yuki Lang
- Tenant: Dong Bei
- Landlord's Representative: John Roesch, Jessica Blocker, Griffin Hanes & Ashlyn Lorentz - Meridian Capital Group
- Tenant's Representative: Benjamin Namdar & David Green - KSR
- Lease Type: Single Net Lease
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
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