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180 Maiden Lane

Splash Signs Full-Service Gross Lease For 5,215 SF Office Space At 180 Maiden Lane, Financial District Manhattan
LEASEDOffice

Splash Signs Full-Service Gross Lease For 5,215 SF Office Space At 180 Maiden Lane, Financial District Manhattan

180 Maiden Lane

$65

$65/SF

Building Size

5,215 SF

Asset Type

Office

Closing

Sep 30, 2023

AI

The property involved in this lease transaction is an office space located at 180 Maiden Lane in the Financial District of Manhattan. The asset spans a total area of 5,215 square feet.

Summary of transaction details

Notable individuals involved in this lease deal include Justin Royce, Tara Stacom, Robert Lowe, Frank Cento, Connor Daugstrup, Jesse Rubens, Michael Pallas, Andrew Coe, and Margaux Kelleher. The lease transaction was facilitated by Cushman & Wakefield and JLL, serving as the landlord's and tenant's representatives, respectively.

Players

Justin Royce

Cushman & Wakefield

Broker

15 deals

Broker
Clarion Partners
Clarion PartnersLender
JLL
JLLLandlord

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

244046.15%

Cash-on-Cash

-69749.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93