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50 Rockefeller Plaza, New Y...

Citrin Cooperman Leases 110742 Square Feet At 50 Rockefeller Plaza With Tishman Speyer As Landlord
LEASEDOffice

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

Christopher W. Mansfield

CBRE

Broker

14 deals

Broker
Tishman Speyer
Tishman SpeyerLandlord

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