Fleischman Bonner & Rocco LLP Leases 2400 SF Space In White Plains
81 Main St, White Plains, NY, 10601
Building Size
2,400 SF
Asset Type
—
Closing
Nov 22, 2023
About this deal
AI
The property at 81 Main St, White Plains, NY, 10601, comprising 2400 square feet, was recently leased in the White Plains market. The tenant's representatives were Robert C. Miller from Colliers International and Timothy Johnson from LeFrak Organization. The landlord's representative in this transaction was Patricia A. Valenti from Newmark. The tenant that secured the lease for this space was Fleischman Bonner & Rocco LLP.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not Applicable
- Address: 81 Main St, White Plains, NY, 10601
- Market: White Plains
- Tenant's Rep: Robert C. Miller (Colliers International), Timothy Johnson (LeFrak Organization)
- Landlord's Rep: Patricia A. Valenti (Newmark)
- Tenant: Fleischman Bonner & Rocco LLP
- Square Feet: 2400
The leasing deal at 81 Main St involved the tenant's representatives from Colliers International and LeFrak Organization working together with the landlord's representative from Newmark. Fleischman Bonner & Rocco LLP successfully secured the 2400 square feet space in White Plains, NY, enhancing their presence in the area with this new lease agreement.
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White Plains CRE Market Snapshot
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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