Cleary Gottlieb Steen Leases 13,310 SF Office Space At 1 Liberty Plaza, NYC
1 Liberty Plz
$48
$48/SF
Building Size
13,310 SF
Asset Type
Office
Closing
Feb 21, 2023
AI
The office building located at 1 Liberty Plaza in New York City has been leased. The lease term is 8 years, and it is a sublease agreement. The total square footage of the space is 13,310 square feet, and the asking rent is $48 per square foot.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not applicable (lease)
- Address: 1 Liberty Plaza
- Market: New York City
The landlord for this lease is Cleary Gottlieb Steen, while the tenant is CHAVES PERLOWITZ LUFTIG. Moshe Sukenik and Emma Sukenik from Newmark represent the landlord in this deal, and Daniel Lolai and Raphael Zar from LSL Advisors represent the tenant.
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Market 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
330479.17%
Cash-on-Cash
-94451.96%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93