facebook

traded

+ Submit
Home

/

Deals

/

National

/

Retail

/

Lease

/

1350 Avenue of the Americas...

TigerRisk Partners Leases Retail Space At 1350 Avenue Of The Americas, New York
LEASEDRetail

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

Leo Paytas

Newmark

Broker

3 deals

Broker
SL Green
SL GreenLandlord

Market Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

Loading comparables…

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