Isa Realty Group Leases 3800 SF Space At 1006 1st Ave New York For $80/SF
1006 1st Ave, New York, NY, 10022
$80
$80/SF
Building Size
3,800 SF
Asset Type
—
Closing
Nov 20, 2023
About this deal
AI
The property involved in the transaction is located at 1006 1st Ave, New York, NY, 10022. It is situated in the New York market, with a total square footage of 3,800. The rent per square foot is set at $80.
Summary of transaction details:
- Property Type: LEASE
- Transaction Amount: Not specified
- Address: 1006 1st Ave, New York, NY, 10022
- Market: New York
- Landlord: Isa Realty Group
- Landlord's Representative: Joseph DiSalvo (Marcus & Millichap), Louis Franco()
- Tenant: Not specified
The transaction features key individuals and companies, including the landlord's representatives, Joseph DiSalvo from Marcus & Millichap and Louis Franco. Further details regarding the tenant are not specified in the context.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
198287.50%
Cash-on-Cash
-56671.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93