Movable Ink Signs Lease With Equity Office For 54782 Square Feet At 1065 Avenue Of The Americas
1065 Avenue of the Americas, New Yo...
Building Size
54,782 SF
Asset Type
Office
Closing
Nov 19, 2023
About this deal
AI
This transaction involves a lease at 1065 Avenue of the Americas, New York. The leased space encompasses 54,782 square feet. The landlord in this deal is Equity Office.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 1065 Avenue of the Americas, New York
- Landlord's Representative: Alex Radmin, Newmark Grubb Knight Frank
- Tenant: Movable Ink
The deal features Movable Ink as the tenant, marking an agreement facilitated by Alex Radmin, who represents the landlord, Equity Office. This transaction underscores the collaboration between key industry players involved in the leasing process.
On the Map
Players
Market Office Market Snapshot
Boundary boundary · Office · Lease 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