Levi & Korsinsky LLP Signs Modified Gross Lease At 33 Whitehall Street In Financial District, Manhattan
33 Whitehall Street
$49
$49/SF
Building Size
8,500 SF
Asset Type
Office
Closing
Oct 23, 2023
AI
The property involved in this lease transaction is located at 33 Whitehall Street in the Financial District of Manhattan. It is an office space with a total area of 8,500 square feet. The lease is a Modified Gross Lease, and the asking rent is $49 per square foot.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 33 Whitehall Street
- Market: Financial District, Manhattan
Fitch Group is the landlord of the property, while Levi & Korsinsky LLP is the tenant. JLL represents the landlord in this deal, with Jeff Szczapa and Eliza Gordon serving as the landlord's representatives. On the other hand, LSL Advisors represents the tenant, with Daniel Lolai and Raymond Balassiano acting as their brokers.
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
323734.69%
Cash-on-Cash
-92524.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93