Feng Lijun Leases Retail Space At 62 Thomas Street Manhattan To Brandon Voss For $73/ft
62 Thomas Street
$73
$73/SF
Building Size
12,326 SF
Asset Type
Retail
Closing
Dec 23, 2025
AI
The property involved in this transaction is a retail space located at 62 Thomas Street in Manhattan. The asset features a square footage of 12,326 and is leased under a Single Net Lease. The asking rent for this property was set at $73 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $73/ft
- Square Footage: 12,326
- Address: 62 Thomas Street
- Market: Manhattan
- Landlord: Feng Lijun
- Tenant: Brandon Voss
- Landlord's Representative: James Famularo & Bobby Ortense - Meridian Capital Group
- Tenant's Representative: Alexander Kesseler, Logan Ryan & Joshua Berg - Newmark
- Lease Type: Single Net Lease
This transaction was facilitated by key representatives from Meridian Capital Group and Newmark. James Famularo and Bobby Ortense represented the landlord, while the tenant was represented by Alexander Kesseler, Logan Ryan, and Joshua Berg. This deal was completed within weeks at the asking rent, demonstrating effective negotiation and execution by the involved parties.
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
217301.37%
Cash-on-Cash
-62105.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93