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145 Delancey Street

Updated Nov 5, 2026

LEASEDOffice

Grow Therapy Signs 78,000 Square Foot Office Lease At 145 Delancey Street Manhattan

145 Delancey Street

Building Size

78,000 SF

Asset Type

Office

Closing

Nov 4, 2026

About this deal

AI

The property asset involved in this transaction is an office space located at 145 Delancey Street, Manhattan, with a total area of 78,000 square feet. This lease was signed by Grow Therapy, marking its presence in Essex Crossing.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not mentioned
  • Address: 145 Delancey Street
  • Market: Manhattan
  • Asset Size: 78,000 square feet
  • Landlord: Charles R. Bendit - Taconic Partners, Eben Ellertson - L+M Development Partners, Donald Capoccia - BFC Partners, Prusik Group & Goldman Sachs Urban Investment Group
  • Tenant: Grow Therapy

This transaction involved key individuals including Charles R. Bendit, Eben Ellertson, and Donald Capoccia, who represent significant partnerships in the development and leasing of the property. The deal reflects Grow Therapy's strategy of expanding its footprint in Manhattan, as this represents their second lease in the area within a year.

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Players

Donald Capoccia

Broker

1 deal

Broker

Eben Ellertson

Broker

$28.1M

vol

2 deals

Broker
Donald Capoccia

Donald Capoccia

BFC Partners

Landlord

1 deal

Landlord
Goldman Sachs
Goldman SachsLandlord
GT
Grow TherapyTenant
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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

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