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100 Crosby Street new york

Billie Extends 12875 Square Foot Lease At 100 Crosby Street In SoHo For Five And A Half Years
LEASEDOffice

Billie Extends 12875 Square Foot Lease At 100 Crosby Street In SoHo For Five And A Half Years

100 Crosby Street new york

Building Size

12,875 SF

Asset Type

Office

Closing

Oct 30, 2024

AI

The property involved in this transaction is an office asset located at 100 Crosby Street in SoHo, Manhattan, covering a total area of 12,875 square feet. The lease was extended for an additional five and a half years.

Summary of transaction details:

Billie, which is owned by Edgewell Personal Care, remains the largest tenant in the building following this lease extension, highlighting its presence and commitment to the premises.

Players

Neith Stone

GFP Real Estate

Broker

$137M

vol

10 deals

Broker

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