IStar Acquires 425 Park Ave Office From Nuveen For $620M
Building Size
—
Asset Type
—
Closing
Aug 5, 2019
About this deal
AI
No summary available.
IStar Acquires 425 Park Ave Office From Nuveen For $620M is logged as a commercial sale on Traded (2019). This page is the market file for the IStar Acquires 425 Park Ave Office From Nuveen For $620M commercial sold: pricing, party profiles, and other closed commercial comps from the same area sit in the Market section below. Cite this IStar Acquires 425 Park Ave Office From Nuveen For $620M sale when underwriting similar commercial product. Nearby commercial closings are linked from the comps tab on this IStar Acquires 425 Park Ave Office From Nuveen For $620M page.
Market CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
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