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175 Varick St, New York, NY...

Rokt Leases 67680 Square Feet At 175 Varick St From Tishman Speyer In New York
LEASEDCommercial

Rokt Leases 67680 Square Feet At 175 Varick St From Tishman Speyer In New York

175 Varick St, New York, NY, 10014

Building Size

67,680 SF

Asset Type

Commercial

Closing

Oct 4, 2022

AI

The property asset involved in this transaction is located at 175 Varick St, New York, NY, 10014. This lease comprises a total space of 67,680 square feet within the market of New York.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 175 Varick St, New York, NY, 10014
  • Market: New York
  • Square Feet: 67,680
  • Tenant: Rokt
  • Landlord: Tishman Speyer
  • Tenant's Representatives: Carleigh Bettiol, Georgina Cook - Artisan Alliance
  • Brokers: Gus Field - Tishman Speyer

This transaction involved key players such as Rokt as the tenant and Tishman Speyer as the landlord. The tenant was represented by Carleigh Bettiol and Georgina Cook from Artisan Alliance, while Gus Field represented Tishman Speyer in the brokerage capacity.

Players

Carleigh Bettiol

Artisan Alliance

Broker

1 deal

Broker
CBRE
CBREBrokerage
Tishman Speyer
Tishman SpeyerLandlord

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