Luckin Coffee Leases Retail Space At 555 Sixth Avenue Chelsea With Landlord Brett Solomon
LEASED
$165
+ 1
New York
See Similar DealsRetail1,000 SF
Leased 01/14/2026
LEASED
Luckin Coffee Leases Retail Space At 555 Sixth Avenue Chelsea With Landlord Brett Solomon
555 Sixth Avenue
See Similar DealsRetail1,000 SF
Leased 01/14/2026
+ 1
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$165
Total Square Footage:1,000 SF
Transaction Type:Lease
The retail asset located at 555 Sixth Avenue in the Chelsea market involves a lease agreement with a total square footage of 1,000. The asking rent for this property is set at $165 per square foot.
Summary of transaction details:
- Property Type: Retail Lease
- Transaction Amount: $165/ft
- Address: 555 Sixth Avenue
- Market: Chelsea
- Landlord: Brett Solomon
- Tenant: Luckin Coffee
- Landlord's Representative: Andrew Taub & Benjamin Burnbaum - Newmark
- Tenant's Representative: David Green & Albert Halawani - KSR
This transaction highlights the involvement of various key representatives in the deal, specifically Andrew Taub and Benjamin Burnbaum representing the landlord, while David Green and Albert Halawani represented the tenant, Luckin Coffee, throughout the leasing process.
Players
BROKER
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$189,154.01
Total Lease Value
$1,891,540.09
Net Landlord Cash Flow$189,154.01
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