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128 Delancey St, New York, ...

AHRC New York City Leases 15820 SF Office At 128 Delancey St, New York
LEASEDOffice

AHRC New York City Leases 15820 SF Office At 128 Delancey St, New York

128 Delancey St, New York, NY, 10002

Building Size

15,820 SF

Asset Type

Office

Closing

Nov 30, 2018

AI

The property at 128 Delancey St, New York, NY, 10002, is an office space with a square footage of 15,820. The lease for this asset was signed on 11/30/2018 in New York. The tenant, AHRC New York City, was represented by Marc Shapses from Savills. The landlord in this transaction was Carter Management Corp.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not Applicable
  • Tenant: AHRC New York City
  • Square Feet: 15,820
  • Tenant's Rep: Marc Shapses (Savills)
  • Landlord: Carter Management Corp

The leasing of the office space at 128 Delancey St involved two key parties, AHRC New York City as the tenant and Carter Management Corp as the landlord. The tenant was represented by Marc Shapses from Savills in this transaction, highlighting the integral role of real estate professionals in facilitating deals within the New York market.

Players

Marc Shapses

Savills

Broker

11 deals

Broker
AC
AHRC New York CityTenant

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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93