Fitch Ratings Leases Office Space To Levi & Korsinsky LLP At 33 Whitehall Street
33 Whitehall Street
$48
$48/SF
Building Size
17,421 SF
Asset Type
Office
Closing
Jul 28, 2025
AI
The asset involved in this lease transaction is located at 33 Whitehall Street in the Financial District, comprising an office space with a total square footage of 17,421. The landlord, Fitch Ratings, has set the asking rent at $48 per square foot for a modified gross lease arrangement.
Summary of transation details:
- Property Type: Office
- Transaction Amount: $48/ft
- Address: 33 Whitehall Street
- Market: Financial District
- Lease Type: Modified Gross Lease
- Landlord: Fitch Ratings
- Tenant: Levi & Korsinsky LLP
- Landlord's Representative: Jeff Szczapa - JLL
- Tenant's Representatives: Raymond Balassiano, Wayne Siegel & Daniel Lolai - LSL Advisors
This lease agreement entails the collaboration of several key representatives. Jeff Szczapa represents the landlord, Fitch Ratings, while the tenant, Levi & Korsinsky LLP, is represented by Raymond Balassiano, Wayne Siegel, and Daniel Lolai, all affiliated with LSL Advisors. Their expertise played a significant role 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
330479.17%
Cash-on-Cash
-94451.96%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93