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52 Fulton Street

Kuraya Japanese Market Leases Retail Space At 52 Fulton Street In Financial District For $160/ft
LEASEDRetail

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

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.

Players

John Roesch

Meridian Capital Group

Broker

97 deals

Broker

Josh Goldberg

Landlord

$6.6M

vol

6 deals

Landlord

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