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One Liberty Plaza, New York...

Department Of Small Business Services Leases 222137 Square Feet At One Liberty Plaza In New York
LEASEDOffice

Department Of Small Business Services Leases 222137 Square Feet At One Liberty Plaza In New York

One Liberty Plaza, New York, NY, 10006

Building Size

222,137 SF

Asset Type

Office

Closing

Oct 10, 2017

AI

The property asset involved in this transaction is located at One Liberty Plaza, New York, NY, 10006. This lease transaction encompasses a total of 222,137 square feet and is situated in the New York market.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: One Liberty Plaza, New York, NY, 10006
  • Market: New York
  • Square Feet: 222,137
  • Tenant: Department of Small Business Services
  • Tenant's Representatives: Chris Mongeluzo (Newmark Knight Frank), Howard Kesseler (Newmark)
  • Landlord's Representative: Stephany Oliveros Hallstein (Compass)

This transaction highlights the involvement of key representatives in the lease deal. Chris Mongeluzo and Howard Kesseler from Newmark Knight Frank represent the tenant, while Stephany Oliveros Hallstein from Compass represents the landlord. Each party plays a pivotal role in facilitating the lease agreement for the Department of Small Business Services.

Players

Neil Goldmacher

Newmark

Broker

16 deals

Broker

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