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1065 6th Ave, New York, NY,...

NYIS Law Firm Leases 3094 Square Feet From Equity Office At 1065 6th Ave New York
LEASED

NYIS Law Firm Leases 3094 Square Feet From Equity Office At 1065 6th Ave New York

1065 6th Ave, New York, NY, 10018

Building Size

3,094 SF

Asset Type

Closing

Nov 19, 2023

AI

The lease involves a space located at 1065 6th Ave, New York, NY, 10018, within the New York market. The leased area comprises 3,094 square feet, accommodating the NYIS Law Firm, and the landlord is Equity Office.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 1065 6th Ave, New York, NY, 10018
  • Square Feet: 3,094
  • Tenant: NYIS Law Firm
  • Landlord: Equity Office
  • Borrower's Representatives: Aaron Niedermayer (JLL), Christopher (Chris) Peck (JLL)
  • Brokers: Brett Maslin

This transaction involved key representatives from JLL, where Aaron Niedermayer and Christopher (Chris) Peck represented the tenants. Brett Maslin acted as the broker facilitating the deal, ensuring that the interests of the involved parties were managed effectively throughout the leasing process.

Players

Christopher Peck

JLL

Broker

$14.6B

vol

70 deals

Broker
EO
Equity OfficeLandlord

New York CRE Market Snapshot

Boundary boundary · CRE · 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