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172 Pearl St, New York, NY,...

Updated Oct 29, 2024

New York County Health Services Review Leases 9805 Square Feet At 172 Pearl St In New York
LEASED

New York County Health Services Review Leases 9805 Square Feet At 172 Pearl St In New York

172 Pearl St, New York, NY, 10005

Building Size

9,805 SF

Asset Type

—

Closing

Nov 20, 2023

About this deal

AI

The property involved in this transaction is located at 172 Pearl St, New York, NY, 10005. It is part of the New York market and is leased with a total area of 9,805 square feet.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 172 Pearl St, New York, NY, 10005
  • Market: New York
  • Tenant: New York County Health Services Review
  • Landlord: 80 Pine LLC
  • Tenant's Representative: Mark Ravesloot (CBRE)

Mark Ravesloot from CBRE represented the tenant, New York County Health Services Review, in this leasing transaction. The landlord of the property is 80 Pine LLC.

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Players

William Iacovelli

CBRE

Broker

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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

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