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1 Whitehall St, New York, N...

Architizer Leases Office Space At 1 Whitehall St New York With Landlord Rudin Management Company
LEASED

Architizer Leases Office Space At 1 Whitehall St New York With Landlord Rudin Management Company

1 Whitehall St, New York, NY, 10004

$55

$55/SF

Building Size

7,356 SF

Asset Type

Closing

Nov 19, 2023

AI

The lease property is located at 1 Whitehall St, New York, NY, 10004. This property is situated in the New York market and encompasses a total area of 7,356 square feet, with a rental price of $55 per square foot.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 1 Whitehall St, New York, NY, 10004
  • Market: New York
  • Tenant: Architizer
  • Tenant's Representative: Craig Lemle-Savills Studley
  • Landlord: Rudin Management Company
  • Rent/SF: $55
  • Square Feet: 7,356

This transaction features Architizer as the tenant, represented by Craig Lemle from Savills Studley, with the landlord being Rudin Management Company. The partnership between these parties highlights their collaborative approach in securing the lease for the specified property.

Players

Craig Lemle

Savills

Broker

4 deals

Broker
Rudin Management Company
Rudin Management CompanyBrokerage
Rudin Management Company
Rudin Management CompanyLandlord

New York CRE Market Snapshot

Boundary boundary · CRE · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

288418.18%

Cash-on-Cash

-82430.80%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93