Alliant Insurance Services Leases 55938 SF At 32 Old Slip New York From RXR Realty
32 Old Slip, New York, NY, 10005
$65
$65/SF
Building Size
55,938 SF
Asset Type
Retail
Closing
Oct 29, 2018
AI
The property asset involved is located at 32 Old Slip, New York, NY, 10005, within the New York market. The landlord, RXR Realty, has leased the premises to Alliant Insurance Services for a rate of $65 per square foot, covering a total area of 55,938 square feet.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: $65 per square foot
- Address: 32 Old Slip, New York, NY, 10005
- Market: New York
- Tenant: Alliant Insurance Services
- Landlord: RXR Realty
- Broker: Christopher Corrinet - CBRE
The key individuals involved in this transaction include Christopher Corrinet representing the broker CBRE, engaged in facilitating the lease between RXR Realty and Alliant Insurance Services, highlighting their roles in the completion of this agreement.
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
244046.15%
Cash-on-Cash
-69749.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93