Ryan Eisenman Of Arch Inc. Leases 73,581 Square Feet At 199 Water Street In Manhattan
199 Water Street
Building Size
73,581 SF
Asset Type
Office
Closing
Dec 7, 2025
AI
The property involved in this lease transaction is an office space located at 199 Water Street, Manhattan. It encompasses a total square footage of 73,581. The lease marks a significant move for Arch Inc. as they transition from their previous location at 111 East 18th Street in Midtown South.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 199 Water Street
- Market: Manhattan
- Landlord: Jonathan Resnick - Jack Resnick & Sons
- Tenant: Ryan Eisenman - Arch Inc
- Former Tenant Location: 111 East 18th Street
In this transaction, Jonathan Resnick represents the landlord, Jack Resnick & Sons, while Ryan Eisenman represents the tenant, Arch Inc. This lease is recorded as one of Downtown’s largest in early 2026, indicating a strategic move for the tenant's growth.
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