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

Robert Elliot Leslie Architecture Leases 2700 Square Feet At 44 Wall St In New York
LEASEDOffice

Robert Elliot Leslie Architecture Leases 2700 Square Feet At 44 Wall St In New York

44 Wall St, New York, NY, 10005

Building Size

2,700 SF

Asset Type

Office

Closing

Jun 23, 2022

AI

The property asset involved in this transaction is located at 44 Wall St, New York, NY, 10005. It is within the New York market and involves leasing agreements totaling nearly 32,000 square feet. The specific transaction includes Robert Elliot Leslie Architecture leasing 2,700 square feet at the property.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Tenant: Robert Elliot Leslie Architecture
  • Tenant’s Representative: David Mosler - Cushman & Wakefield
  • Landlord: George Comfort & Sons
  • Total Square Feet of Lease Transactions: 32,000
  • Additional Tenants: Joan Creative, JobDiva, T-REX, and Parliamentarians for Global Action

The deal involves key representatives such as David Mosler from Cushman & Wakefield for the tenant and George Comfort & Sons’ Peter S. Duncan overseeing the landlord's interests. Other notable representatives include C.J. Heitner and Matt Shreiner of Newmark for Joan Creative, John Thompson of George Comfort & Sons for JobDiva, and Ken Biberaj and Chris Foerch of Savills for T-REX. Parliamentarians for Global Action was represented by Travis Wilson of Newmark.

Players

David Mosler

Cushman & Wakefield

Broker

3 deals

Broker
George Comfort & Sons
George Comfort & SonsLandlord

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