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
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