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
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