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28 Liberty Street

New York State Office Of The Attorney General Expands Lease At 28 Liberty Street In Manhattan
LEASEDOffice

New York State Office Of The Attorney General Expands Lease At 28 Liberty Street In Manhattan

28 Liberty Street

Building Size

378,438 SF

Asset Type

Office

Closing

Feb 19, 2026

AI

The asset involved in this transaction is an office property located at 28 Liberty Street in Manhattan. The property has a total square footage of 378,438, covering consecutive floors from 13 to 23. The New York State Office of the Attorney General has signed a lease extension and expansion for this space.

Summary of transaction details:

The key individuals involved in this transaction include Peter Riguardi, John Wheeler, Mitchell Konsker, and Michael Berman, who represent the JLL brokerage firm. They facilitated the lease extension and expansion for the New York State Office of the Attorney General at the mentioned asset.

Players

Peter Riguardi

JLL

Broker

$38.2M

vol

17 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