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40 Exchange Pl, New York, N...

Updated Dec 4, 2024

Kaufman Dolowich & Voluck Leases Office Space From Northwind Group At 40 Exchange Pl
LEASEDOffice

Kaufman Dolowich & Voluck Leases Office Space From Northwind Group At 40 Exchange Pl

40 Exchange Pl, New York, NY, 10005

$52

$52/SF

Building Size

14,200 SF

Asset Type

Office

Closing

Nov 29, 2016

About this deal

AI

The property involved in this transaction is located at 40 Exchange Pl, New York, NY, 10005. It is in the New York market, with a total square footage of 14,200. The rental price per square foot is $52.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Unknown
  • Address: 40 Exchange Pl, New York, NY, 10005
  • Market: New York
  • Square Feet: 14,200
  • Rent/SF: $52
  • Tenant: Kaufman Dolowich & Voluck
  • Landlord: Northwind Group
  • Tenant's Representative: Andrew Beckler, Blue Rock Bay Real Estate

Andrew Beckler from Blue Rock Bay Real Estate represented the tenant Kaufman Dolowich & Voluck in this lease transaction with Northwind Group as the landlord.

Players

Andrew Beckler

Blue Rock Bay Real Estate

Broker

1 deal

Broker
Northwind Group
Northwind GroupLender
Northwind Group
Northwind GroupLandlord

New York Office Market Snapshot

Boundary boundary · Office · Lease transactions

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Deal FAQ

About $52 per square foot on a published $52 for 14,200 square feet (2016).

Visit Blue Rock Bay Real Estate to view all their deals.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

305057.69%

Cash-on-Cash

-87186.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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