Thurcon Properties Leases Retail Space At 88 Fulton Street To Fish House Fulton Inc
88 Fulton Street
$90
$90/SF
Building Size
1,600 SF
Asset Type
Retail
Closing
Sep 16, 2025
AI
The property involved in this transaction is a retail asset located at 88 Fulton Street in the Financial District (Fidi). The asking rent for the space is set at $90 per square foot, encompassing a total area of 1,600 square feet. The ownership of the property is held by Thurcon Properties.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $90/ft
- Square Footage: 1,600
- Address: 88 Fulton Street
- Market: Fidi
- Landlord: Thurcon Properties
- Tenant: Fish House Fulton Inc.
- Broker: Elliot Wygoda - Meridian Capital Group
- Lease Type: Retail Lease
Elliot Wygoda from Meridian Capital Group represented the landlord Thurcon Properties in this lease transaction. The tenant involved in the deal is Fish House Fulton Inc.
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
176255.56%
Cash-on-Cash
-50374.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93