CS Global Renews Lease For Office Space At 100 Crosby St In SoHo, Manhattan
100 Crosby Street New York, NY 10012, USA
Building Size
6,529 SF
Asset Type
Office
Closing
Sep 6, 2023
AI
CS Global has renewed its lease for 6,529 square feet of office space at 100 Crosby Street, located in the SoHo neighborhood of Manhattan. The property, owned by GFP Real Estate, LLC and represented by Eric Gural, is situated in the heart of SoHo, an iconic shopping district in Manhattan. This prime location offers CS Global a highly desirable office space to continue its operations.
Summary of Transaction Details
- Property Type: Office
- Transaction Amount: Not specified
- Address: 100 Crosby Street
- Market: SoHo, Manhattan
- Square Footage: 6,529
In this lease renewal transaction, CS Global, led by Micha-Rose Emmett, has chosen to extend their occupancy of the 6,529 square feet of office space. The deal was facilitated by Neith Stone, a representative from GFP Real Estate. This renewal allows CS Global to maintain its presence in the vibrant and bustling area of SoHo, Manhattan's renowned shopping destination.
Players
Crosby 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