Falconeri Signs Lease At 101 Prince St New York With Tenant's Rep Elisa Young
101 Prince St, New York, NY, 10012
Building Size
2,850 SF
Asset Type
Commercial
Closing
Nov 19, 2023
AI
The property involved in the transaction is located at 101 Prince St, New York, NY, 10012. It is a leased space totaling 2,850 square feet in the New York market.
Summary of transation details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 101 Prince St, New York, NY, 10012
- Market: New York
- Square Feet: 2,850
- Tenant: Falconeri
- Landlord: 101 Prince LLC
- Tenant's Representative: Elisa Young (Robin Zendell & Associates)
- Landlord's Representatives: Amy Zhen (Cushman & Wakefield), Brian Hirschfeld (JLL)
Elisa Young, representing Falconeri, played a key role in negotiating the lease. Amy Zhen of Cushman & Wakefield and Brian Hirschfeld of JLL represented the landlord, 101 Prince LLC, in this transaction.
Players
New York Commercial Market Snapshot
Boundary boundary · Commercial · 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