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110 W 40th St, New York, NY...

Intsights Cyber Intelligence Leases 1649 Square Feet At 110 W 40th St New York
LEASED

Intsights Cyber Intelligence Leases 1649 Square Feet At 110 W 40th St New York

110 W 40th St, New York, NY, 10018

Building Size

1,649 SF

Asset Type

Closing

Nov 19, 2023

AI

The lease transaction involves a commercial property located at 110 W 40th St, New York, NY, 10018, within the New York market. The property has a total square footage of 1,649. The landlord in this transaction is One Ten West Fortieth Associates.

Summary of transaction details:

The deal features key representatives involved in the transaction, with Damel Yosef representing the tenant, Intsights Cyber Intelligence, and Brett Berlin representing the landlord, One Ten West Fortieth Associates.

Players

Brett Berlin

Quantum Real Estate Advisors

Broker

$55.2M

vol

12 deals

Broker
OA
One Ten West Fortieth AssociatesLandlord

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