facebook


Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

National

/

Office

/

Lease

/

1166 Avenue of the Americas...

Updated Oct 29, 2024

Robert Hill Of Newmark Represents Tenant In Lease Deal At 1166 Avenue Of The Americas
LEASEDOffice

Robert Hill Of Newmark Represents Tenant In Lease Deal At 1166 Avenue Of The Americas

1166 Avenue of the Americas, New Yo...

$87

$87/SF

Building Size

39,075 SF

Asset Type

Office

Closing

Dec 10, 2015

About this deal

AI

The office located at 1166 Avenue of the Americas in New York spans 39,075 square feet and was leased on December 10, 2015. The landlord for this property is Edward J. Minskoff Equities, and the tenant's representative involved in the transaction is Robert Hill from Newmark. The agreed rent for this office space is $87 per square foot.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not Applicable
  • Address: 1166 Avenue of the Americas, New York
  • Landlord: Edward J. Minskoff Equities
  • Tenant's Rep: Robert Hill (Newmark)
  • Rent/SF: $87
  • Square Feet: 39,075

The lease deal for the office at 1166 Avenue of the Americas was facilitated with Robert Hill serving as the tenant's representative from Newmark and Edward J. Minskoff Equities acting as the landlord. This transaction was finalized on December 10, 2015, with the office space spanning 39,075 square feet and commanding a rental rate of $87 per square foot.

On the Map

Open live map

Players

Robert Hill

Newmark

Broker

$332.8M

vol

36 deals

Broker

Edward Minskoff

Equities

Landlord

$235.4M

vol

15 deals

Landlord

Market Office Market Snapshot

Boundary boundary · Office · Lease transactions

Loading comparables…

Deal FAQ

About $87 per square foot on a published $87 for 39,075 square feet (2015).

Visit Robert Hill to view all their deals.

Browse this market office leases on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

182333.33%

Cash-on-Cash

-52111.43%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals