Here Media Leases 2500 SF Space At 120 W 45th St, NY
120 W 45th St, New York, NY, 10036
Building Size
2,500 SF
Asset Type
—
Closing
Nov 22, 2023
About this deal
AI
The lease transaction at 120 W 45th St, New York, NY, 10036, involved a property with 2500 square feet of space. The landlord, Kamber Management, successfully leased the property to Here Media in the bustling New York market.
Summary of transation details:
- Property Type: Lease
- Transaction Amount: Not Applicable
- Tenant's Representative: Wayne Siegel (LSL Advisors)
Wayne Siegel of LSL Advisors acted as the tenant's representative in the deal, facilitating the leasing negotiations between Here Media and the landlord, Kamber Management.
On the Map
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