Matt Rettner Leases Retail Space At 63 Cooper Square To XIANGYUN INC For $141 Per Ft
63 Cooper Square
$141
$141/SF
Building Size
2,000 SF
Asset Type
Retail
Closing
Aug 4, 2026
AI
The property involved in this transaction is a retail space located at 63 Cooper Square in the New York market. The lease type is defined as a retail lease with an asking rent of $141 per square foot for a total area of 2,000 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $141/ft
- Address: 63 Cooper Square
- Market: New York
- Landlord: Matt Rettner
- Tenant: XIANGYUN INC
- Landlord's Representative: Noam Aziz, Carson Shahrabani, & Daniel Zacaim - Meridian Capital Group
- Tenant's Representative: David Green & Ben Namdar - KSR
The transaction includes key representatives for both the landlord and tenant. The landlord is represented by Noam Aziz, Carson Shahrabani, and Daniel Zacaim from Meridian Capital Group, while the tenant is represented by David Green and Ben Namdar 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
112503.55%
Cash-on-Cash
-32153.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93