Sev Laser Signs Lease For 950 Square Feet At 120 Central Park S In New York
120 Central Park S, New York, NY, 100...
Building Size
950 SF
Asset Type
—
Closing
Nov 20, 2023
AI
The property asset involved in this transaction is located at 120 Central Park S, New York, NY. The square footage of the space is 950, situated in the New York market. The landlord's representative is Matthew Olden. The landlord remains unidentified in the context provided. The tenant in this lease transaction is Sev Laser.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Address: 120 Central Park S, New York, NY, 100...
- Square Feet: 950
- Market: New York
- Landlord's Representative: Matthew Olden
- Tenant: Sev Laser
- Landlord: Unknown
This lease transaction highlights the engagement between Sev Laser and the unidentified landlord, facilitated by Matthew Olden as the landlord's representative. The transaction reflects the relationships and negotiations integral to the leasing process in the New York market.
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