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

John W. Bristol & Co. Leases Office Space At 48 Wall St, New York
LEASEDOffice

John W. Bristol & Co. Leases Office Space At 48 Wall St, New York

48 Wall St, New York, NY, 10005

Building Size

9,800 SF

Asset Type

Office

Closing

Jun 16, 2021

AI

The property located at 48 Wall St, New York, NY, 10005 is an office asset spanning 9,800 square feet. The lease transaction was finalized on June 16, 2021, in New York. The tenant, John W. Bristol & Co., secured the space from the landlord, 48 Wall, LLC. The tenant's representatives involved in the deal were Robert (Rob) Wizenberg and Scott Sloves from CBRE.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not Provided
  • Tenant: John W. Bristol & Co.
  • Tenant's Reps: Robert (Rob) Wizenberg(CBRE), Scott Sloves(CBRE)
  • Landlord: 48 Wall, LLC
  • Address: 48 Wall St, New York, NY, 10005
  • Market: New York
  • Square Feet: 9800
  • Date: 06/16/2021

The individuals closely associated with the lease transaction were the tenant's representatives, Robert (Rob) Wizenberg and Scott Sloves from CBRE. John W. Bristol & Co. entered into the agreement to lease the office space at 48 Wall St, with 48 Wall, LLC being the landlord in the transaction.

Players

Robert Wizenberg

JLL

Broker

13 deals

Broker
4L
48 Wall, LLCLandlord

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