Caissa Leases 6847 Square Feet At 77 Water St New York Represented By Gary Rosenberg And Adam Leshowitz
77 Water St, New York, NY, 10005
Building Size
6,847 SF
Asset Type
Office
Closing
Sep 5, 2019
AI
The property involved in this transaction is located at 77 Water St, New York, NY, 10005, within the New York market. The total square footage of the lease is 6,847 square feet. The landlord for this deal is William Kaufman Organization.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Address: 77 Water St, New York, NY, 10005
- Market: New York
- Square Feet: 6,847
- Tenant: Caissa
- Landlord: William Kaufman Organization
- Tenant's Representatives: Gary Rosenberg (Rosenberg Realty), Gary M. Rosen (SL Green Realty Corp.), Howard Tenenbaum (SL Green)
- Landlord's Representatives: Adam Leshowitz (CBRE), Jonathan Cope (CBRE)
This transaction involved multiple representatives for both the tenant and the landlord, with Gary Rosenberg, Gary M. Rosen, and Howard Tenenbaum representing the tenant, Caissa, while Adam Leshowitz and Jonathan Cope represented the landlord, William Kaufman Organization, through CBRE.
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