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14 Wall St, New York, NY, 1...

Superstructures Engineers & Architects Leases 33561 Square Feet At 14 Wall St New York
LEASEDOffice

Superstructures Engineers & Architects Leases 33561 Square Feet At 14 Wall St New York

14 Wall St, New York, NY, 10005

Building Size

33,561 SF

Asset Type

Office

Closing

Nov 15, 2019

AI

The property asset involved in this transaction is located at 14 Wall St, New York, NY, 10005. The square footage of the leased space is 33,561. This asset is situated in the New York market.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 14 Wall St, New York, NY, 10005
  • Market: New York
  • Tenant: Superstructures Engineers + Architects
  • Landlord: Alexander Rovt
  • Tenant's Representative: John Brierty-Newmark Knight Frank
  • Landlord's Representative: Jonathan Cope-CBRE

This transaction was facilitated by representatives from both sides, with John Brierty from Newmark Knight Frank representing the tenant, Superstructures Engineers + Architects, while Jonathan Cope from CBRE represented the landlord, Alexander Rovt.

Players

Jonathan Cope

CBRE

Broker

$116.1M

vol

15 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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93