Updated Mar 11, 2025
Riverside Research Institute Leases 17000 SF At 156 William St New York From William Macklowe Company
156 William St, New York, NY, 10038
$60
$60/SF
Building Size
17,000 SF
Asset Type
Medical Office
Closing
Dec 14, 2016
About this deal
AI
The lease transaction involves a property located at 156 William St, New York, NY, 10038, within the New York market. The space encompasses a total of 17,000 square feet with a rent rate of $60 per square foot.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 156 William St, New York, NY, 10038
- Market: New York
- Tenant: Riverside Research Institute
- Landlord: William Macklowe Company
- Tenant's Representative: Craig Reicher-CBRE
The deal features Riverside Research Institute as the tenant, engaging in a lease agreement with the landlord, William Macklowe Company. Craig Reicher from CBRE represents the tenant in this transaction, facilitating the agreement between the involved parties.
On the Map
$60
$60/SF
Medical Office
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Players
New York Medical Office Market Snapshot
Boundary boundary · Medical Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
264383.33%
Cash-on-Cash
-75561.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93