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
New York Office Market Snapshot
Boundary boundary · Office · 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