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
About this deal
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:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 110 W 40th St, New York, NY, 10018
- Market: New York
- Square Feet: 1649
- Tenant: Intsights Cyber Intelligence
- Landlord: One Ten West Fortieth Associates
- Tenant's Representative: Damel Yosef (Norman Bobrow & Company)
- Landlord's Representative: Brett Berlin (Quantum Real Estate Advisors)
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
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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