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71 Grand St, New York, NY, ...

Simone Rocha Leases 2400 Square Feet At 71 Grand St New York With Emily Simmonds As Tenant's Rep
LEASEDOffice

Simone Rocha Leases 2400 Square Feet At 71 Grand St New York With Emily Simmonds As Tenant's Rep

71 Grand St, New York, NY, 10013

Building Size

2,400 SF

Asset Type

Office

Closing

Nov 19, 2023

AI

The property involved in this lease transaction is located at 71 Grand St, New York, NY, 10013. This space spans 2,400 square feet and is situated in the New York market.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 71 Grand St, New York, NY, 10013
  • Square Feet: 2400
  • Tenant: Simone Rocha
  • Landlord: OK Harris
  • Tenant's Representative: Emily Simmonds - Ripco

This transaction highlights the roles of key individuals and companies where Emily Simmonds of Ripco represented tenant Simone Rocha in the lease agreement with landlord OK Harris.

Players

Emily Simmonds

Ripco

Broker

6 deals

Broker

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