Citrin Cooperman Leases 110742 Square Feet At 50 Rockefeller Plaza With Tishman Speyer As Landlord
50 Rockefeller Plaza, New York, NY, 1...
Building Size
110,742 SF
Asset Type
Office
Closing
Oct 30, 2019
AI
The lease transaction involves a property located at 50 Rockefeller Plaza, New York, NY, with a total square footage of 110,742. The market for this asset is New York, where Tishman Speyer is the landlord.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 50 Rockefeller Plaza, New York, NY
- Market: New York
- Tenant: Citrin Cooperman
- Landlord: Tishman Speyer
- Tenant's Representatives: Ken Rapp (CBRE), Christopher W. Mansfield (CBRE)
Ken Rapp and Christopher W. Mansfield from CBRE represent the tenant, Citrin Cooperman, in this lease transaction with Tishman Speyer as the landlord.
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