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
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