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:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: One Liberty Plaza, New York, NY, 10006
- Market: New York
- Square Feet: 12,604
- Tenant: Cushman & Wakefield
- Landlord: AKF Group
- Tenant's Representative: Aron Schreier (Cushman & Wakefield), Jonathan Fein (Cushman & Wakefield)
- Landlord's Representative: Adam Foster (CBRE), Jonathan Cope (CBRE)
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
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