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
About this deal
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:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 560-580 White Plains Road
- Market: Tarrytown
- Tenant: Jacob Maurer - The Cookware Co.
- Landlord's Representative: Matthew Lisk, Steve Baker & Tara Long - Cushman & Wakefield
- Tenant's Representative: Craig Ruoff - Colliers
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.
On the Map
Office
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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