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44 Wall St, New York, NY, 1...

Equity Office Leases 16906 Sq Ft Office Space To GameChanger Media In New York
LEASEDOffice

Equity Office Leases 16906 Sq Ft Office Space To GameChanger Media In New York

44 Wall St, New York, NY, 10005

Building Size

16,906 SF

Asset Type

Office

Closing

Oct 4, 2017

AI

The property asset involved in this transaction is located at 44 Wall St, New York, NY, 10005. It is an office space consisting of 16,906 square feet within the New York market.

Summary of transaction details:

The key individuals in this transaction include the tenant, GameChanger Media, and the landlord, Equity Office. The brokers representing the deal are Mitchell Arkin from Cushman & Wakefield and Zachary Freeman from SJP Properties.

Players

Mitchell Arkin

Cushman & Wakefield

Broker

9 deals

Broker
EO
Equity OfficeLandlord

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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93