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33 Whitehall St, New York, ...

Russo & Toner Leases 16003 Square Feet At 33 Whitehall St New York From Stawski Partners
LEASEDOffice

Russo & Toner Leases 16003 Square Feet At 33 Whitehall St New York From Stawski Partners

33 Whitehall St, New York, NY, 10004

Building Size

16,003 SF

Asset Type

Office

Closing

Feb 12, 2019

AI

The property involved in this lease transaction is located at 33 Whitehall St, New York, NY, 10004. It encompasses a total area of 16,003 square feet and operates within the New York market.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 33 Whitehall St, New York, NY, 10004
  • Square Feet: 16,003
  • Tenant: Russo & Toner
  • Landlord: Stawski Partners
  • Tenant's Representative: Marc Shapses - Savills
  • Landlord's Representatives: Edward Goldman, Jonathan Cope - CBRE

This lease agreement involves Russo & Toner as the tenant, who is represented by Marc Shapses of Savills. The landlord, Stawski Partners, is represented by Edward Goldman and Jonathan Cope of CBRE, highlighting the collaboration between different firms in facilitating this transaction.

Players

Jonathan Cope

CBRE

Broker

$116.1M

vol

15 deals

Broker
Stawski Partners
Stawski PartnersLandlord

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