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62 Thomas Street

Feng Lijun Leases Retail Space At 62 Thomas Street Manhattan To Brandon Voss For $73/ft
LEASEDRetail

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:

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

James Famularo

Meridian Capital Group

Broker

$11.4M

vol

367 deals

Broker
Newmark
NewmarkBrokerage

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