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101 Prince St, New York, NY...

Falconeri Signs Lease At 101 Prince St New York With Tenant's Rep Elisa Young
LEASEDCommercial

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:

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

Amy Zhen

Cushman & Wakefield

Broker

7 deals

Broker

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