Michael Ng's Attix Signs Five-Year Lease For 18,759 Square Feet At 73 Spring Street In Soho
73 Spring Street
Building Size
—
Asset Type
Office
Closing
May 21, 2025
AI
The property asset involved in this transaction is located at 73 Spring Street in the Soho market. It is classified as an office space with a total square footage of 18,759 square feet. The landlord is United American Land, and the tenant is Michael Ng representing Attix, which is an AI software firm for hedge funds and trading firms.
Summary of transation details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 73 Spring Street
- Market: Soho
- Landlord: United American Land
- Tenant: Michael Ng - Attix
- Landlord's Representative: Brett Harvey, Jennifer Schreiber, Natalie Serio & Howard Hersch - Newmark
- Tenant's Representative: Dennis Someck & Justin Myers - Lee & Associates
This lease transaction was completed on May 21, 2025, involving a five-year lease agreement. Attix is relocating its headquarters from Los Angeles to this new location in SoHo.
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