Office · Downtown Manhattan
110 Wall Street
110 Wall Street, Downtown Manhattan · Built 2007 · 27 floors
Partial
Current value
$215.0M
▼ 8.5% 1-yr (modeled)
Cap rate
6.00%
▲ 120 bps vs 4.80% submarket
NOI · derived
$12.9M
Value $/SF
$398
sourcedmodeled0 of 6 sourced
Ownership & debt
Ownership graph
Asset → owner → parent → beneficial owner · every edge sourcedOwnership transparency
Recorded chainRecorded owners
Rudin Management Company (Rudin family)
Fee simple
Ultimate beneficial owner — as recorded
Rudin Management Company
Beneficial interest
Rudin family
Beneficial interest
Debt
No publicly recorded debt
Debt appears here only when a recorded mortgage, deed of trust or securitization filing names this asset — nothing is inferred from ownership or market norms.
Securitized debt — SEC loan tape
No SEC ABS-EE loan-level filing is matched to this asset. Public loan tapes exist only for SEC-registered CMBS — most large-asset debt is 144A-private, balance-sheet or agency financed and files none.
Tenants & leasing
Placemakr Wall Street (apartment-style hotel operator; formerly WhyHotel / Front & Wall Street)
Per-tenant lease detail arrives with disclosed stacking plans.
Underwriting
Assumptions — user inputs, not sourced data: 5-year hold · exit cap +25 bps vs today · 3.0% NOI growth per year.
Assumptions — user inputs, not sourced data
Hold period
Exit cap vs today
+25 bps
NOI growth / yr
3.0%
Unlevered IRR
8.4%
Exit cap
6.25%
Exit value
$239.3M
Exit NOI
$15.0M
Unlevered IRR sensitivity — exit cap Δ × NOI growth
| Exit Δ | 2.0% | 2.5% | 3.0% | 3.5% | 4.0% |
|---|---|---|---|---|---|
| -25 bps | 8.9% | 9.4% | 10.0% | 10.5% | 11.0% |
| 0 bps | 8.1% | 8.6% | 9.2% | 9.7% | 10.2% |
| +25 bps | 7.4% | 7.9% | 8.4% | 9.0% | 9.5% |
| +50 bps | 6.7% | 7.2% | 7.7% | 8.3% | 8.8% |
| +75 bps | 6.0% | 6.5% | 7.1% | 7.6% | 8.1% |
Modeled output — not investment advice. Derived from the assumptions above, not sourced claims.
Provenance footnotes
- Current value: Estimated — no sourced claim on file.
- Cap rate: Estimated — no sourced claim on file.
- NOI: Estimated — no sourced claim on file.
- $/SF: Estimated — no sourced claim on file.
- GLA: Estimated — no sourced claim on file.
- Ownership — Rudin Management Company (Rudin family): Single source — rudin.com · https://www.rudin.com/properties/office-spaces/110-wall-street
- Tenant — Placemakr Wall Street (apartment-style hotel operator; formerly WhyHotel / Front & Wall Street): Single source — prnewswire.com · https://www.prnewswire.com/news-releases/whyhotel-opens-front--wall-street-its-first-property-in-new-york-city-at-the-rudin-familys-110-wall-street-301407585.html
Modeled figures — LTV, debt yield, DSCR, cash-on-cash, occupancy, WALT, tenant concentration and every underwriting output are derived arithmetic, not sourced claims. Underwriting outputs follow the assumptions printed in the panel — user-editable inputs, not observations. Not investment advice.
Anchoring begins when the asset enters the live ledger.