Supreme Leases 8000 Square Feet At 1 Spring St New York Represented By Christopher DeCrosta
1 Spring St, New York, NY, 10012
Building Size
8,000 SF
Asset Type
Office
Closing
Oct 9, 2019
About this deal
AI
The property asset involved in this transaction is located at 1 Spring St, New York, NY, 10012. This commercial lease features a total area of 8000 square feet and exists within the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Tenant: Supreme
- Landlord: RFR Realty
- Tenant's Representative: Christopher DeCrosta (Good Space NYC)
This deal highlights the collaboration between the tenant, Supreme, and the landlord, RFR Realty, with Christopher DeCrosta from Good Space NYC representing the interests of the tenant during negotiations.
On the Map
Office
View full map
Players
New York Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
Deal FAQ
Browse New York office leases on Traded.
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