TigerRisk Partners Leases Retail Space At 1350 Avenue Of The Americas, New York
1350 Avenue of the Americas, New Yo...
Building Size
13,284 SF
Asset Type
Retail
Closing
Oct 22, 2021
AI
The retail property located at 1350 Avenue of the Americas in New York encompasses a total of 13,284 square feet. The lease for this property was finalized on October 22, 2021. TigerRisk Partners will be occupying this space, with Leo Paytas from Newmark representing them in the transaction. The landlord for this retail property is SL Green Realty Corp.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Tenant: TigerRisk Partners
- Tenant's Rep: Leo Paytas (Newmark)
- Landlord: SL Green Realty Corp.
- Address: 1350 Avenue of the Americas, New York
- Square Feet: 13,284
The involvement of key individuals in this deal includes the tenant's representative, Leo Paytas, from Newmark. TigerRisk Partners secured the lease for the retail space, overseen by SL Green Realty Corp. This transaction highlights the collaboration between these parties in the leasing of the property.
Players
Market Retail Market Snapshot
Boundary boundary · Retail · 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