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17 State Street

Alphadyne Asset Management Renews 43,872-SF Lease At 17 State Street In Manhattan
LEASEDOffice

Alphadyne Asset Management Renews 43,872-SF Lease At 17 State Street In Manhattan

17 State Street

Building Size

43,872 SF

Asset Type

Office

Closing

Jul 29, 2025

AI

The asset involved in this transaction is an office space located at 17 State Street in Manhattan. The total square footage of the property is 43,872, and it is currently occupied by Alphadyne Asset Management, which has been a tenant since 2005.

Summary of transaction details:

The transaction was facilitated by multiple representatives from RFR, specifically AJ Camhi, Paul Milunec, and Ryan Silverman, who represented the landlords. Silvio Petriello from CBRE represented the tenant, Alphadyne Asset Management, in this lease renewal agreement.

Players

AJ Camhi

RFR

Broker

14 deals

Broker
CBRE
CBREBrokerage
RFR
RFRBrokerage
Michael Fuchs

Michael Fuchs

RFR

Landlord

$3.6B

vol

25 deals

Landlord
RFR
RFRLandlord

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