Alliant Insurance Leases 55938 SQFT Office Space At 46 South St, New York
46 South St, New York, NY, 10005
Building Size
55,938 SF
Asset Type
Office
Closing
Oct 29, 2018
AI
The office property located at 46 South St, New York, NY, 10005, with a square footage of 55,938 square feet, was recently leased in New York. The landlord, RXR Realty, secured a deal with Alliant Insurance Services as the tenant on October 29, 2018.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not Applicable
- Market: New York
- Landlord's Representative: William Elder
- Tenant: Alliant Insurance Services
- Square Feet: 55938
The lease agreement was facilitated by William Elder, who represented RXR Realty in the transaction. Alliant Insurance Services will now occupy the 55,938 square feet of office space at 46 South St, New York, NY, 10005, as per the recent lease deal.
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