BP Energy Co Leases 7499 Square Feet At 140 E 45th St New York From Rockwood Capital
140 E 45th St, New York, NY, 10017
Building Size
7,499 SF
Asset Type
—
Closing
Nov 20, 2023
AI
The property involved in the transaction is located at 140 E 45th St, New York, NY, 10017, situated within the New York market. The leased area encompasses 7,499 square feet, and it has been designated for occupancy by BP Energy Co. The landlord of the property is Rockwood Capital.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 140 E 45th St, New York, NY, 10017
- Market: New York
- Square Feet: 7,499
- Tenant: BP Energy Co
- Landlord: Rockwood Capital
- Tenant's Representative: Kurtis Gibbs (JLL)
The deal includes key representatives such as Kurtis Gibbs from JLL, who represented the interests of the tenant, BP Energy Co., in this leasing transaction with Rockwood Capital as the landlord.
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