Enterprise Community Partners Leases 20208 Square Feet At 1 Whitehall St New York With Rudin Management Company
1 Whitehall St, New York, NY, 10004
Building Size
20,208 SF
Asset Type
—
Closing
Nov 20, 2023
AI
The property asset involved in this transaction is located at 1 Whitehall St, New York, NY, 10004. It encompasses a total area of 20,208 square feet and is situated within the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Tenant: Enterprise Community Partners
- Landlord: Rudin Management Company
- Tenant's Representative: Marc Shapses (Savills)
This lease transaction involves key participants including the tenant, Enterprise Community Partners, represented by Marc Shapses from Savills, and the landlord, Rudin Management Company. The specifics of the transaction highlight the collaboration between these entities in securing the lease of the property.
Players
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93