Mark Peter Davis Of Interplay Signs 10-Year Lease For Office At 363 Lafayette Street In NoHo
363 Lafayette Street
Building Size
4,500 SF
Asset Type
Office
Closing
May 21, 2025
AI
The property asset involved in this lease transaction is an office space located at 363 Lafayette Street in the NoHo market. The total square footage of the space is 4,500 square feet, and it is part of the commercial real estate portfolio managed by Radius Global.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Lease Term: 10-year lease
- Landlord: Radius Global
- Tenant: Mark Peter Davis - interplay'>interplay'>interplay'>Interplay
- Landlord's Representative: Lewis Gottlieb & Samuel Spillane - CBRE
- Tenant's Representative: Brett Harvey & Derek Feinman - Newmark
Mark Peter Davis, the founder of interplay'>interplay'>interplay'>Interplay, a NYC-based venture capital firm, signed the lease for the space at 363 Lafayette Street, facilitating the company's relocation from its previous address at 119 West 24th Street.
Players
New York Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
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