facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Office

/

Lease

/

1/2 Bond St, New York, NY 1...

HOF Capital Leases 8,500 SF Office Space At 1/2 Bond St., NoHo
LEASEDOffice

HOF Capital Leases 8,500 SF Office Space At 1/2 Bond St., NoHo

1/2 Bond St, New York, NY 10012, USA

Building Size

8,500 SF

Asset Type

Office

Closing

Mar 20, 2022

AI

An office space located at 1/2 Bond St. in NoHo has been leased. The property, measuring 8,500 square feet, was leased by HOF Capital, represented by Adam Henick and Brandon Charnas of Current Real Estate Advisors. The Wings Group, led by Ariel Levy, served as the landlord in this transaction.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 1/2 Bond St.
  • Market: NoHo
  • Tenant: HOF Capital - Hisham Elhaddad
  • Tenant's Rep: Adam Henick & Brandon Charnas - Current Real Estate Advisors
  • Landlord: The Wings Group - Ariel Levy
  • Asking Rent: $100/ft.

Adam Henick and Brandon Charnas of Current Real Estate Advisors played a crucial role in representing HOF Capital in the lease of this office space. The Wings Group, headed by Ariel Levy, served as the landlord in this transaction.

Players

Brandon Charnas

Current Real Estate Advisors

Broker

$1.6M

vol

21 deals

Broker
TG
The Wings GroupLandlord

New York Office Market Snapshot

Boundary boundary · Office · Lease transactions

Loading comparables…

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