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809 Washington St, New York...

Match Group Leases 45000 Square Feet At 809 Washington St From William Gottlieb Real Estate
LEASED

Match Group Leases 45000 Square Feet At 809 Washington St From William Gottlieb Real Estate

809 Washington St, New York, NY, 100...

Building Size

45,000 SF

Asset Type

Closing

Nov 19, 2023

AI

The property involved in this transaction is located at 809 Washington St, New York, NY, with a total square footage of 45,000. The transaction takes place in the New York market. The landlord for this lease is William Gottlieb Real Estate.

Summary of transaction details:

  • Property Type: LEASE
  • Transaction Amount: Not disclosed
  • Address: 809 Washington St, New York, NY, 100...
  • Square Feet: 45,000
  • Landlord: William Gottlieb Real Estate
  • Tenant: Match Group
  • Landlord's Representatives: Brett Harvey (JLL), Howard Hersch (JLL)

The key individuals in this transaction include the tenant, Match Group, which occupies the leased space, along with the landlord’s representatives, Brett Harvey and Howard Hersch, both affiliated with JLL, who facilitated the deal on behalf of William Gottlieb Real Estate.

Players

Brett Harvey

Newmark

Broker

$270M

vol

28 deals

Broker

William Gottlieb

Landlord

$366M

vol

5 deals

Landlord
RW Real Estate
RW Real EstateLandlord

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