facebook

traded

+ Submit
Home

/

Deals

/

New Jersey

/

Office

/

Lease

/

117 W Century Rd, Paramus, ...

Onyx Equities LLC Leases 63761 Square Feet At 117 W Century Rd Paramus With Cushman & Wakefield
LEASEDOffice

Onyx Equities LLC Leases 63761 Square Feet At 117 W Century Rd Paramus With Cushman & Wakefield

117 W Century Rd, Paramus, NJ, 07652

Building Size

63,761 SF

Asset Type

Office

Closing

Nov 19, 2023

AI

The property involved in this transaction is located at 117 W Century Rd, Paramus, NJ, 07652, within the Paramus market. The asset encompasses 63,761 square feet and is currently held by the landlord, Onyx Equities LLC.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Square Feet: 63,761
  • Address: 117 W Century Rd, Paramus, NJ, 07652
  • Market: Paramus
  • Landlord's Representatives: Mark Trevisan, Mark Zaziski, David DeMatteis - Cushman & Wakefield
  • Landlord: Onyx Equities LLC

This transaction involved the representation of the landlord by Mark Trevisan, Mark Zaziski, and David DeMatteis, all from Cushman & Wakefield, who played a crucial role in facilitating the lease agreement for the property.

Players

David DeMatteis

Cushman & Wakefield

Broker

11 deals

Broker
OL
Onyx Equities LLCLandlord

Paramus Office Market Snapshot

Boundary boundary · Office · 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