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32 Old Slip, New York, NY, ...

NMS Capital Leases Space At 32 Old Slip, New York From RXR Realty
LEASED

NMS Capital Leases Space At 32 Old Slip, New York From RXR Realty

32 Old Slip, New York, NY, 10005

Building Size

7,925 SF

Asset Type

Closing

Nov 22, 2023

AI

The property located at 32 Old Slip, New York, NY, 10005, boasts 7,925 square feet of space. The landlord, RXR Realty, successfully leased the property.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not Applicable
  • Tenant: NMS Capital
  • Tenant's Rep: Travis Wilson (Newmark)

The lease deal was facilitated with Travis Wilson from Newmark representing NMS Capital in the transaction.

Players

Travis Wilson

Newmark

Broker

2 deals

Broker
RXR Realty
RXR RealtyLandlord

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