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14 Wall Street

Same 14 LLC Leases Office Space At 14 Wall Street For $50/ft With Newmark As Tenant's Rep
LEASEDOffice

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:

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

Andrew Stern

Newmark

Broker

$5.4M

vol

77 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

317260.00%

Cash-on-Cash

-90673.88%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93