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46 South St, New York, NY, ...

Decoded Advertising Leases 15518 Square Feet At 46 South St New York From RXR Realty
LEASEDOffice

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

Richard Johnson

JLL

Broker

1 deal

Broker
RXR Realty
RXR RealtyLandlord

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