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161 6th Ave, New York, NY, ...

161 6th Ave
FINANCEDOffice

161 6th Ave

161 6th Ave, New York, NY, 10013

$900,000,000

Building Size

—

Asset Type

Office

Closing

Nov 20, 2023

AI

No summary available.

Players

Alexander (Alex) Hernandez

Alexander Hernandez

Cushman & Wakefield

Broker

$7.7B

vol

27 deals

Broker
Alex Lapidus Okin

Alex Lapidus Okin

Cushman & Wakefield

Broker

$7.8B

vol

29 deals

Broker
Noble Carpenter

Noble Carpenter

Broker

$2.6B

vol

6 deals

Broker
Adam Spies
Verified Badge

Adam Spies

Newmark

Broker

$71.7B

vol

263 deals

Broker
Gideon Gil

Gideon Gil

Cushman & Wakefield

Broker

$11.1B

vol

50 deals

Broker
Steve Kohn

Steve Kohn

Cushman & Wakefield

Broker

$6.8B

vol

18 deals

Broker
Steven Kohn

Steven Kohn

Avison Young

Broker

$900M

vol

6 deals

Broker
Stellar Management
Stellar ManagementLender
Deutsche Bank
Deutsche BankLender
Bank of Montreal (BOM)
Bank of Montreal (BOM)Lender
J.P. Morgan Chase
J.P. Morgan ChaseLender
Stellar Management
Stellar ManagementLandlord

New York Office Market Snapshot

Boundary boundary · Office · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.02%

Cash-on-Cash

-0.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93