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177 Lafayette Street, New Y...

The Brillstein Group Leases Office Space At 177 Lafayette St In New York
LEASEDOffice

The Brillstein Group Leases Office Space At 177 Lafayette St In New York

177 Lafayette Street, New York City, New York 10013, United States

$75

$75/SF

Building Size

4,578 SF

Asset Type

Office

Closing

Jan 3, 2023

AI

The office space located at 177 Lafayette St in New York has been leased. The lease was finalized on 03/01/2023.

Summary of transaction details

The lease was facilitated by Hiro Nishida and Steven Evans from Platinum Properties. They represented both the landlord, Nick Mok, and the tenant, The Brillstein Group, throughout the negotiation process.

Players

Steven Evans

Platinum Commercial

Broker

$36.1M

vol

47 deals

Broker
TG
The Brillstein GroupTenant

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

211506.67%

Cash-on-Cash

-60449.25%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93