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1 Rockefeller Plaza

Ulysses Management Leases Office Space From Blythe Kinsler And Samuel Brodsky At 1 Rockefeller Plaza
LEASEDOffice

Ulysses Management Leases Office Space From Blythe Kinsler And Samuel Brodsky At 1 Rockefeller Plaza

1 Rockefeller Plaza

$88

$88/SF

Building Size

12,586 SF

Asset Type

Office

Closing

Sep 5, 2024

AI

The asset involved in this transaction is an office space located at 1 Rockefeller Plaza in Manhattan. The space covers an area of 12,586 square feet and is leased at an asking rent of $88 per square foot.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $88/ft
  • Square Footage: 12,586
  • Address: 1 Rockefeller Plaza
  • Market: Manhattan
  • Landlord: Blythe Kinsler & Samuel Brodsky - Tishman Speyer
  • Tenant: Ulysses Management
  • Broker: Larry Zuckerman - Avison Young

Ulysses Management is relocating within 1 Rockefeller Plaza, having downsized from a previous space of 19,000 square feet to their new lease of 12,586 square feet.

Players

Larry Zuckerman

Avison Young

Broker

3 deals

Broker

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

180261.36%

Cash-on-Cash

-51519.25%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93