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:
- Property Type: Office
- Transaction Amount: Lease renewal
- Address: 17 State Street
- Market: Manhattan
- Landlord: Michael Fuchs & Aby Rosen - RFR
- Tenant: Alphadyne Asset Management
- Landlord's Rep: AJ Camhi, Paul Milunec , Ryan Silverman - RFR
- Tenant's Rep: Silvio Petriello - CBRE
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.
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