LEASEDOffice
Weill Cornell Medical College Leases 55000 Square Feet At 156 William St New York From LaSalle Investment Management
156 William St, New York, NY, 10038
Building Size
55,000 SF
Asset Type
Office
Closing
Jul 5, 2016
About this deal
AI
The transaction involves a lease at 156 William St, New York, NY, 10038, encompassing a total of 55,000 square feet in the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 156 William St, New York, NY, 10038
- Market: New York
- Tenant: Weill Cornell Medical College
- Landlord: LaSalle Investment Management
- Tenant's Representatives: Michael Burgio-Cushman & Wakefield, David Berke-Newmark Knight Frank, John Cefaly-Cushman & Wakefield
- Landlord's Representative: Josef Yadgarov-The Corcoran Group
This lease negotiation witnessed participation from several key representatives, ensuring that both the tenant's and landlord's interests were effectively represented throughout the process.
On the Map
Office
View full map
Players
New York Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
Deal FAQ
Browse New York office leases on Traded.
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