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

AFLAC Leases Office Space On Wall St, NYC From Landlord Alexander Rovt
LEASEDOffice

AFLAC Leases Office Space On Wall St, NYC From Landlord Alexander Rovt

14 Wall St, New York, NY, 10005

Building Size

8,802 SF

Asset Type

Office

Closing

Jun 28, 2019

AI

The property located at 14 Wall St, New York, NY, 10005, is an office space spanning 8,802 square feet. This transaction, dated June 28, 2019, involved the leasing of this office space in the bustling New York market. AFLAC, the tenant, secured this space from the landlord, Alexander Rovt, with Scott Vinett from JLL representing the tenant.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not Applicable
  • Tenant: AFLAC
  • Landlord: Alexander Rovt
  • Square Feet: 8,802
  • Tenant's Rep: Scott Vinett (JLL)

This lease agreement was facilitated with Scott Vinett of JLL representing AFLAC, effectively connecting the tenant with the landlord, Alexander Rovt. The deal underscores the importance of skilled real estate representation in securing and finalizing such transactions in the competitive New York market.

Players

Scott Vinett

Savills

Broker

8 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