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1 Whitehall St, New York, N...

Updated Dec 4, 2024

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

Building Size

7,356 SF

Asset Type

—

Closing

Nov 19, 2023

About this deal

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.

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Players

Craig Lemle

Savills

Broker

4 deals

Broker
Rudin
RudinBrokerage
Rudin
RudinLandlord
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New York CRE Market Snapshot

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Deal FAQ

About $55 per square foot for 7,356 square feet (2023).

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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

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