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139 East Houston Street, Ne...

Updated Mar 11, 2025

Fortress Investment Group Refinances Office Building On East Houston Street In Lower East Side For $79.6M
FINANCEDOffice

Fortress Investment Group Refinances Office Building On East Houston Street In Lower East Side For $79.6M

139 East Houston Street, New York City, New York 10002, United States

$79,600,000

$1,170/SF

Building Size

68,000 SF

Asset Type

Office

Closing

Apr 7, 2022

About this deal

AI

The property involved in this transaction is an office space located at 139 East Houston Street in the Lower East Side. The property spans approximately 68,000 square feet.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $79,600,000
  • Lender: Fortress Investment Group
  • Landlord: East End Capital
  • Loan Type: Refinance

The lender in this transaction is Fortress Investment Group. The landlord involved is East End Capital. The loan amount for the refinance is $79,600,000.

The office loan at 139 East Houston Street, New York City, New York 10002, United States in New York, New York financed for $79.6M in 2022. The building is 68,000 square feet, implying about 1.2K per square foot on the published price. This page is the New York, New York file for the 139 East Houston Street, New York City, New York 10002, United States office financed: pricing, party profiles, and other closed office comps from the same New York sit in the Market section below. Filter that New York office set by closing date to see what else financed near 139 East Houston Street, New York City, New York 10002, United States around 2022. Published consideration for 139 East Houston Street, New York City, New York 10002, United States is $79.6M, dated 2022. Cite this Fortress Investment Group Refinances Office Building On East Houston Street In Lower East Side For $79.6M loan when underwriting similar office product around New York, New York.

Players

Fortress Investment Group
Fortress Investment GroupLender
East End Capital
East End CapitalLandlord

New York Office Market Snapshot

Boundary boundary · Office · Loan transactions

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Deal FAQ

About $1.2K per square foot on a published $79.6M for 68,000 square feet (2022).

Browse New York office loans on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.20%

Cash-on-Cash

-0.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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