SFA Agency Leases Office Space At One Battery Park Plaza In New York
One Battery Park Plaza, New York, NY...
Building Size
8,901 SF
Asset Type
Office
Closing
Oct 25, 2022
AI
Located at One Battery Park Plaza in New York, NY, the office asset spanning 8,901 square feet was recently leased in a transaction involving the tenant, SFA Agency, and the landlord, Allianz Real Estate.
Summary of transation details:
- Property Type: Office
- Transaction Amount: Not Applicable
- Tenant: SFA Agency
- Tenant's Rep: Scott Vinett (JLL)
- Landlord: Allianz Real Estate
- Address: One Battery Park Plaza, New York, NY
- Market: New York
- Square Feet: 8,901
Scott Vinett from JLL acted as the tenant's representative in the lease deal, facilitating the agreement between SFA Agency and Allianz Real Estate for the office space at One Battery Park Plaza.
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