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
New York CRE Market Snapshot
Boundary boundary · CRE · Lease transactions
Loading comparables…
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