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26 Nassau St, New York, NY,...

Updated Oct 29, 2024

HelloFresh Leases 43000 Square Feet At 26 Nassau St New York From Fosun International
LEASEDOffice

HelloFresh Leases 43000 Square Feet At 26 Nassau St New York From Fosun International

26 Nassau St, New York, NY, 10005

Building Size

43,000 SF

Asset Type

Office

Closing

Jan 25, 2019

About this deal

AI

The property asset involved in the transaction is located at 26 Nassau St, New York, NY, 10005. This asset spans a total area of 43,000 square feet and is situated in the New York market.

Summary of transaction details:

Key individuals involved in the transaction include the tenant HelloFresh and the landlord Fosun International. The landlord's representative, Dan Turkewitz from JLL, facilitated the lease arrangement, while brokers Justin Myers and Dennis Someck from Lee & Associates represented the tenant in the deal.

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Players

Dennis Someck

Lee & Associates

Broker

27 deals

Broker
FI
Fosun InternationalLandlord
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New York Office Market Snapshot

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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

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