Exchange Place Alliance Leases Office Space At 239 Washington St In Jersey City
239 Washington Street, Jersey City, New Jersey 07302, United States
$37
$37/SF
Building Size
900 SF
Asset Type
Office
Closing
Mar 16, 2023
AI
Punia Co. has leased an office space located at 239 Washington St in Jersey City. The asset type is an office with a total square footage of 900 square feet. The lease was signed on 03/16/2023 for a term of three years.
Summary of transation details
- Property Type: Office
- Transaction Amount: Not available
- Address: 239 Washington St
- Market: Jersey City
The landlord, Punia Co., completed the lease transaction with the tenant, Exchange Place Alliance represented by Elizabeth Cain. The tenant's representative was Ryan Tiger from Punia Co. and Corcoran Sawyer Smith. The landlord was represented by Bobby Antonicello Jr. from Grid Real Estate.
Jersey City Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
428729.73%
Cash-on-Cash
-122532.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93