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17 State Street, New York, ...

MDRX Law Leases Office Space At 17 State Street In Battery Park With Tenant's Rep Matthew DeRose & William Janetschek - Nomad Group And Landlord's Rep AJ Camhi & Ryan Silverman - RFR Realty
LEASEDOffice

MDRX Law Leases Office Space At 17 State Street In Battery Park With Tenant's Rep Matthew DeRose & William Janetschek - Nomad Group And Landlord's Rep AJ Camhi & Ryan Silverman - RFR Realty

17 State Street, New York, NY, USA

Building Size

3,989 SF

Asset Type

Office

Closing

Aug 1, 2020

AI

An office space located at 17 State Street in Battery Park has been leased. The property is owned by RFR Realty. The tenant, MDRX Law, was represented by Matthew DeRose and William Janetschek from Nomad Group. AJ Camhi and Ryan Silverman from RFR Realty acted as the landlord's representatives in the deal. The lease was signed on August 1, 2021.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 17 State Street
  • Market: Battery Park

MDRX Law, a legal firm, has leased the office space at 17 State Street. Matthew DeRose and William Janetschek from Nomad Group represented the tenant's side, while AJ Camhi and Ryan Silverman from RFR Realty represented the landlord. The asking rent for the 3,989 square feet space was $74 per square foot.

Players

Matthew DeRose
Verified Badge

Matthew DeRose

Nomad Group

Broker

35 deals

Broker

William Janetschek

Nomad Group

Broker

$3.8M

vol

30 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