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100 Reade Street

Rogers Partners Leases Office Space At 100 Reade Street In Tribeca For Seven Years
LEASEDOffice

Rogers Partners Leases Office Space At 100 Reade Street In Tribeca For Seven Years

100 Reade Street

$55

$55/SF

Building Size

6,286 SF

Asset Type

Office

Closing

May 7, 2025

AI

The office asset located at 100 Reade Street in the Tribeca market encompasses an area of 6,286 square feet and has an asking rent of $55 per square foot. The transaction involves a lease agreement with JEMB Realty acting as the landlord.

Summary of transaction details:

This lease transaction includes notable entities such as the architecture firm Rogers Partners and Muse Management, further expanding the operational capacity at JEMB Realty’s 150 Broadway.

Players

Andrew Coe

JLL

Broker

$500M

vol

18 deals

Broker
Joseph Sipala
Verified Badge

Joseph Sipala

JLL

Broker

8 deals

Broker
JR
JEMB RealtyLandlord

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

288418.18%

Cash-on-Cash

-82430.80%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93