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107 Greenwich Street

Digital Asset Leases Office Space At 107 Greenwich Street From Trinity Church Wall Street
LEASEDOffice

Digital Asset Leases Office Space At 107 Greenwich Street From Trinity Church Wall Street

107 Greenwich Street

$80

$80/SF

Building Size

12,000 SF

Asset Type

Office

Closing

Mar 24, 2025

AI

The transaction involves an office asset located at 107 Greenwich Street in New York City, leased at a rate of $80 per square foot for a total of 12,000 square feet. The property is associated with Trinity Church Wall Street as the landlord.

Summary of transation details:

The lease was finalized on March 24, 2025, involving several representatives from both the tenant and landlord sides to facilitate the agreement. Notably, the involvement of multiple brokers from Savills and JLL indicates a collaborative effort in securing the lease for Digital Asset, ensuring all parties' interests were managed effectively.

Players

John Wheeler

JLL

Broker

$38.2M

vol

11 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

198287.50%

Cash-on-Cash

-56671.18%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93