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560 580 White Plains Road

The Cookware Co. Leases 17,368 SF Office At 560-580 White Plains Road In Tarrytown
LEASEDOffice

The Cookware Co. Leases 17,368 SF Office At 560-580 White Plains Road In Tarrytown

560 580 White Plains Road

Building Size

17,368 SF

Asset Type

Office

Closing

Jan 30, 2025

AI

The property located at 560-580 White Plains Road in Tarrytown, NY comprises an office space measuring 17,368 square feet. This asset falls within the Tarrytown market and serves as the site for a leasing transaction.

Summary of transaction details:

The transaction involved Jacob Maurer representing The Cookware Co., which signed the lease agreement for the office space. The landlord was represented by Matthew Lisk, Steve Baker, and Tara Long from Cushman & Wakefield, while Craig Ruoff of Colliers represented the tenant in this lease agreement.

Players

Matthew Lisk

Cushman & Wakefield

Broker

1 deal

Broker

Tarrytown 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