SOLD
IStar Acquires 425 Park Ave Office From Nuveen For $620M
Building Size
—
Asset Type
—
Closing
Aug 5, 2019
AI
No summary available.
Market CRE Market Snapshot
Boundary boundary · CRE · Sale 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