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
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