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17 State Street, New York, ...

Alphadyne Asset Management Leases 43872 Square Feet At 17 State Street New York With RFR Realty
LEASEDOffice

Alphadyne Asset Management Leases 43872 Square Feet At 17 State Street New York With RFR Realty

17 State Street, New York, NY, 10004

Building Size

43,872 SF

Asset Type

Office

Closing

Nov 20, 2023

AI

The property located at 17 State Street, New York, NY, 10004, encompasses a total of 43,872 square feet. It is situated in the New York market and is leased by Alphadyne Asset Management from RFR Realty.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 17 State Street, New York, NY, 10004
  • Market: New York
  • Square Feet: 43,872
  • Tenant: Alphadyne Asset Management
  • Landlord: RFR Realty
  • Tenant's Representative: Jason Schwartzenberg (Savills)

In this transaction, RFR Realty serves as the landlord while Alphadyne Asset Management is the tenant, represented by Jason Schwartzenberg from Savills, highlighting the key players involved in the lease agreement.

Players

Jason Schwartzenberg

Savills

Broker

$1.3M

vol

3 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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93