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
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