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One Liberty Plaza, New York...

Cushman & Wakefield Leases 12604 Square Feet From AKF Group At One Liberty Plaza New York
LEASEDOffice

Cushman & Wakefield Leases 12604 Square Feet From AKF Group At One Liberty Plaza New York

One Liberty Plaza, New York, NY, 10006

Building Size

12,604 SF

Asset Type

Office

Closing

Jul 7, 2021

AI

The property involved in this transaction is located at One Liberty Plaza, New York, NY, 10006. It spans a total of 12,604 square feet within the New York market. The landlord of the property is AKF Group, and the tenant is Cushman & Wakefield.

Summary of transaction details:

This lease transaction involved key representatives including Aron Schreier and Jonathan Fein representing Cushman & Wakefield for the tenant, while Adam Foster and Jonathan Cope represented the landlord, AKF Group, through CBRE.

Players

Patrick Dugan

Cushman & Wakefield

Broker

$180M

vol

9 deals

Broker
Cushman & Wakefield
Cushman & WakefieldTenant

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