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33 Whitehall Street

Levi & Korsinsky LLP Signs Modified Gross Lease At 33 Whitehall Street In Financial District, Manhattan
LEASEDOffice

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

Daniel Lolai

LSL Advisors

Broker

$211.9M

vol

91 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

323734.69%

Cash-on-Cash

-92524.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93