Same 14 LLC Leases Office Space At 14 Wall Street For $50/ft With Newmark As Tenant's Rep
14 Wall Street
$50
$50/SF
Building Size
4,358 SF
Asset Type
Office
Closing
Jul 1, 2026
AI
The property asset involved in this transaction is located at 14 Wall Street in the Financial District, functioning as an office space. The property entails a lease with an asking rent of $50 per square foot for a total area of 4,358 square feet under a Modified Gross Lease agreement.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $50/ft
- Address: 14 Wall Street
- Market: Financial District
- Asset Size: 4,358 SF
- Lease Type: Modified Gross Lease
- Tenant: Same 14 LLC
- Landlord's Representative: Jonathan Cope, Masha Dudelzak & Bradley (Brad) Gerla - CBRE
- Tenant's Representatives: Andrew Stern, Ravi Idnani, Joshua Berg & Brett Stein - Newmark
This lease transaction involved key individuals and companies in its facilitation. The landlord was represented by a team from CBRE, consisting of Jonathan Cope, Masha Dudelzak, and Bradley (Brad) Gerla. On the other side, the tenant, Same 14 LLC, was represented by Andrew Stern, Ravi Idnani, Joshua Berg, and Brett Stein from Newmark.
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
317260.00%
Cash-on-Cash
-90673.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93