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1 Whitehall St, New York, N...

Enterprise Community Partners Leases 20208 Square Feet At 1 Whitehall St New York With Rudin Management Company
LEASED

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

Marc Shapses

Savills

Broker

11 deals

Broker
Rudin Management Company
Rudin Management CompanyBrokerage
Rudin Management Company
Rudin Management CompanyLandlord
Enterprise Community Partners
Enterprise Community PartnersTenant

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