Kuraya Japanese Market Leases Retail Space At 52 Fulton Street In Financial District For $160/ft
52 Fulton Street
$151
$151/SF
Building Size
1,900 SF
Asset Type
Retail
Closing
Apr 21, 2025
About this deal
AI
The property involved in this transaction is a retail space located at 52 Fulton Street in the Financial District. It features a modified gross lease type and encompasses a total square footage of 1,900. The asking rent for this asset is set at $160 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 52 Fulton Street
- Market: Financial District
- Square Footage: 1,900
- Asking Rent: $160/ft
- Lease Type: Modified Gross Lease
- Landlord: Josh Goldberg - Goldberg Group
- Tenant: Kuraya Japanese Market
- Brokers: John Roesch & Sara Lamstein - Meridian Capital Group
This transaction involved key individuals such as landlord Josh Goldberg representing Goldberg Group, and tenant Kuraya Japanese Market. The brokers facilitating the deal, John Roesch and Sara Lamstein, are associated with Meridian Capital Group, supporting the negotiation and agreement for this lease.
On the Map
$151
$151/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
105052.98%
Cash-on-Cash
-30024.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93