Decoded Advertising Leases 15518 Square Feet At 46 South St New York From RXR Realty
46 South St, New York, NY, 10005
Building Size
15,518 SF
Asset Type
Office
Closing
Oct 29, 2018
AI
The lease transaction involves a commercial property located at 46 South St, New York, NY, 10005 within the New York market. The property encompasses a total area of 15,518 square feet and is under the ownership of RXR Realty.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Address: 46 South St, New York, NY, 10005
- Square Feet: 15,518
- Landlord: RXR Realty
- Tenant: Decoded Advertising
- Landlord's Representatives: Michael Affronti (CBRE), Daniel Birney (RXR Realty), Gerry Miovski (CBRE)
The key individuals involved in this transaction include representatives from both the landlord and tenant. RXR Realty is represented by Michael Affronti and Gerry Miovski from CBRE, along with Daniel Birney from RXR Realty, while the tenant, Decoded Advertising, plays a pivotal role in this lease agreement.
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