RC BME Holdco Leases 5042 Square Feet At 17 State Street New York From RFR Realty
17 State Street, New York, NY, 10004
Building Size
5,042 SF
Asset Type
Office
Closing
Apr 16, 2019
AI
The property involved in this lease transaction is located at 17 State Street, New York, NY, 10004. The market for this transaction is New York, and the total area of the property is 5,042 square feet.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 17 State Street, New York, NY, 10004
- Market: New York
- Square Feet: 5042
- Tenant: RC BME Holdco
- Landlord: RFR Realty
- Tenant's Representative: Joseph Joselit-CBRE
- Brokers: Gary Kamenetsky-CBRE
This transaction features a representation by Joseph Joselit from CBRE for the tenant, RC BME Holdco, while Gary Kamenetsky, also from CBRE, serves as the broker involved in the deal. RFR Realty acts as the landlord in this lease transaction.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93